Investor loans are notoriously underwriter-intensive, and so a good line of communication between your lender and the underwriter is important.* Ask them where the appraisers come from and how are they selected.

I like to have a lot of available cash to purchase properties without having actual cash, lines of credit work great for that.

JohnsonSome other areas you need to research BEFORE you sign on the dotted line are:1.

Lastly, since I live on a state line, would I have to get licenses for both KS and MO in order to serve the highest quantity of clients?

Lots to think about, but whatever, it needs to be along conventional lines, not some convaluted switch back scheme.

Carpet will likely run about $1-1.25/sf, pad about $.25/sf and installation about $.50/sf.Appliances (Fridge, Stove, Dishwasher) = $2,200If you're okay with low-end stainless appliances, Home Depot sells stainless Hotpoint (GE's low-end line) for cheaper than this.

(Probably not an issue unless there is some violation) Don't put a NOO residential 1-4 rental in a commercial loan line of thought, the Act is clear about that, it is not a commercial loan.You mentioned a Trust, in such a case I really suggest you pay attention to the marketablity issues as Trustees/Administrators don't like notes (I know, but I have one using par as the value, some don't) as a Trust is required to give an accounting of the assets in Trust at the market value annually.

Bottom line is that area seems very active.I found out through the forums that I can get the owners info from the tax assessors office.

You should go talk with an accountant and perhaps attorney to set this up in line with the goals as best you can.

I cant reach the contractor i did the rehab with...The scope of work consists of various electrical works such as correct GCFI for refrigerator, some leaks to be repaired in dishwasher drain and bath sinks. install a proper flex gas line for water heater. relocate ground wire in breaker box and some minor stucco damage repairs.I was wondering if anyone here knew what was the most cost effective way of going about this request for repairs while the property is under the corporation's nameI want to be a straight shooter and do things the right way.Thanks!