The banker at WF, I have an establish relationship with her and I knew she can get this with hassle free, while the new bank I have to start all over from the scratch.

*Reforms Individual Apartment Improvements (IAIs) to limit rentincreases to substantial modifications:o Up to 3 times in any 15 years, for up to $15,000;o Amortize: 14 years for smaller buildings of 35 units or less; 15 yearsfor all other larger buildings; and,o Surcharges expire in 30 years.Part L: Requires the Division of Home and Community Renewal (HCR) toconduct an annual report on rent regulation that would be due on Dec.31 of each year and be made publicly available.Part M: Establishes the Statewide Housing Security and Tenant ProtectionAct of 2019."

I haven't established a network out there, so I don't know of someone who could do a walk through on my behalf to verify the condition of the property (something I think should be done before an offer is made and end buyers see the property profile).

The costs of a troublesome conviction should be covered by a well established operating account for reasons just like this. 

Target a local bank who knows the area well and establish some relationships with the lenders in their office and go from there. 

I have started to establish relationships with local lenders, realtors, property management companies, contractors, and fellow investors through the meetup group. 

Tenant screening is a must and never bypass your established processes and standards.

Purchase price: $130,000 Cash invested: $60,000 Sale price: $249,000 3/2 DSF in established beach & golf-cart friendly neighborhood.

Hi everyone,My partner and I have established an LLC for RE investing.

The added benefit of this process is that you can also have your attorney sign the public records as "Nominee Trustee" before assigning yourself as the "Trustee" once the Trust has been established.