But i would caution you, by law you would need to be an"owner of real estate who owns any interest in the real estate if the interest being... rented is identical to the owner's legal interest;"basically you need to be make sure you have an interest (read ownership) in the property if you want to be a property manager without a license.

I will say you can easily get 5-7% loans on a 20-year am with a 5 year maturity.

For example, suppose you are considering two identical properties that rent for the same amount (yes, this is an over simplified and contrived example!).

Either way, to weigh in on your quest for information, Hoover and Gardendale are going to be almost identical to Homewood and Vestavia... especially Hoover as it is in the same Over The Mountain area of town.

Interest continues to accrue and is added to the total outstanding debt.Death or extended move triggers a "non-curable" breach, also known as a maturity event in RM lingo.

Now you should have some available cap space to buy another (1) or (2) units and if you buy right and allow them to mature/season for 12 months, you can pull any equity you have from that on to your next ventures.

I staged it and sold it in a week (with 2 other identical units that had been on the market over a month).

So, Why are they hiding their identity?

Our primary is a 1400 sqft 3 bd 1 bath wood frame home with a 2 car carport that sits on just a hair under an acre, with mature pecans and oaks.

Lets you know when you have to make a new fake identity.