It’s nature of business - typically most case law does allow the borrower only to collect actual damages, so no pain and suffering type of lawsuits.

I think they had 4 and it naturally attriciated down to 3 and 2, but they all got raises and could afford it and  I think he paid the house off. 

Inspection costs, realtor fees, Closing costs, etc. are all under this umbrella.The "renovate" step is where you include your holding costs and, naturally, the cost of the retrofit/renovation itself.The "refinance" step is where you place a mortgage in exchange for a note.  

Hello @Justin SchreyYou may consider partnering with someone who has been doing this for a while and has adequate knowledge of market and asset type, this will help you learn and get ready for your goal of retirement and then move onto bigger and better properties.Good Luck!

If the seller agrees to the price that is half the battle, they would also need to agree to your terms and I am unsure the traditional P&L will be adequate for the deal.I know for lease options my paperwork had to be created first because a traditional P&L won't cut it.  

:protest: :protest: :protest: :protest: :protest: :protest: Regards,Jorge :superman: "Natural Born Go Getter" :superman:

It would have adequate structure so long as you're not going up with a 2nd story.

Nights you don’t want booked maybe repairs or deep cleans like a professional grade carpet cleaning or something of that nature is different as running 100% occupancy for more that a few months straight can be hard on a property and it needed time to breathe.

So, naturally, I came here to see if any of you lovely and experienced people can lend a recommendation for a vetted and experienced property manager.

Appreciation The natural rise in value real estate tends to experience.