They normally don't care so much about your credit, so good credit doesn't mean much.I would recommend that if you have 60K liquid with good credit that you approach a banker in your local area about a commercial type loan.

I do think that most female Realtors seem to relate more to wife's of buyers just because they can see the house the way it could be as opposed to a man who will normally look at the mechanical and structural aspects of a house.

I use a percentage for vacancy and for maintenance (normally 10% for each), but if you are referring to PITI (principal, interest, taxes, and insurance) than the rent has nothing to do with it.

Normally I would say play nice and explain the BENEFITS that your repairs would make, but if your tenant is reciting CA code (accurate or not) then they are way beyond this.

I wish I could provide more details about this but it is normally a commercial lender that does these.

They then usually list the property through a realtor.A short sale is a technique in which the seller still owns the property but is normally behind on payments or facing foreclosure.

A Pay Option ARM is an adjustable interest rate loan that you normally have atleast 3 payment options on.

In a normal market, you need 70% equity minimum for a rehab project.

are the walls normal 2x4 construction, what is the subflooring like, etc.)Any help/advice would be appreciated.

I had to double close on them since the banks normally do not allow assignments.