There are also non-paying tenants in those areas, too.To me, the two keys are (1) to hold out to make sure you are getting a deal on the front end and then (2) to partner with the right property manager.Since you mentioned $20k to $60k, I will tell you that the lower you go, the more challenges you will face even when you find a great deal and select an awesome manager.  

This is when the refinance process is started.As we were a week beyond the committed timeline to close (on or before 4/11, and you closed on 4/16) we credited the difference in the monthly payment for 2 months as well as waived the extension fee to ensure you were not out of pocket any additional funds as a result.Again I am more than happy to discuss your questions / concerns verbally at your convenience today or tomorrow as I want each of our customers to fully understand every aspect of the lending process and each product that we have to offer. 

And the low returns  you're seeing on TICs are an extension of the heated market plus a factor for passivity.  

If pushed, I'd argue the making of a loan is, in sprit, referring to the extension of credit.

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He has extensive knowledge of US RE>?

. §§ 1681 and following.)THIS NOTICE is to inform you that your application to rent the property at ___[rental property address]___ has been denied because of [select all that apply]:[ ] Insufficient information in the credit report provided by ___[Credit reporting agency]______[Address, phone number, URL]___[ ] Negative information in the credit report provided by ___[Credit reporting agency]______[Address, phone number, URL]___[ ] The consumer credit reporting agency noted above did not make the decision not to offer you this rental.

I have extensive experience in this space as I currently mange 100 of these in Scottsdale/Phoenix market.

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Bret is right on, a "comp" is a comparable sale, just to add a bit.Comps must be selected based on time of sale, location, style and comparability to the subject property, the subject property or "subject" is the one you are comparing the comps to.An ideal comp is a sale within three months and within the same subdivision, or within 1 mile.