These loans are primarily for flipping, getting in and out.Your financing expenses would be too much trying to use HMLs for long term holds trying to refinance repeatedly.HMLs don't really underwrite the credit side, they rely on equity in the deal as to their security position, they loan more like 60-70% of a purchase price, some go with the after repair value that gets closer to a purchase price but they want to know your experience in doing repairs and track record.

at thispoint he is not near close to capable of living on his own] He will receive [I think] 15 to 20 thousand in back pay.

I got totally sidetracked today when I was researching the property across the street from the property for sale (which is the mailing address for the owner of a Central Valley property I'm trying to track down).

The premise is this- although the mind is incredible in many regards, it STINKS at keeping track of incoming tasks and getting them done.

My income has certainly been going up, but it does consist of multiple streams, so it's probably hard to track.

Does anyone else have better software for tracking rental property financials?

What if one tenant or the other is not physically or mentally capable to do the task?

Even with a hard money lender funding a significant fraction of the deal you still need cash of your own.If you have experience doing the work and have a track record you mind find a money partner who would fund the deal while you do (or get done) all the work.

Track the ones you can't find buyers for or that you pass on.

If its a private sale, that may be harder because they have to track down the seller.