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.

I normally double close on my properties for this reason and several others.

2 men that have professional direct sales experience and are business men, that just needs to make an adjustment to real estate investing and does not have to learn about sales, business, marketing working independently, canvassing, objection handling, closing skills, phone skills, etcccThey will benefit from the deals that we can bring them for the time period that they mentor us, if not them it will be someone else, so the question is would they want to pass up $100k+ or more in potential profits from deals that they would have not normally gotThey have more to lose and everything to gain, since we will find someone who will mentor us and get our deals for the time period that we partner up and any future real estate venture business they can receive from us in the future.Are you a full time investor, and if you are what questions would you ask the investor before teaming up with them.