.% Down Payment 3.50%Down Payment $6,300 Remainder of closing costs $5,500.00 Total Due at Signing $11,800 Mortgage Rate 4.25%Length of Mortgage in years 30Monthly Mortgage payment $854.50 Taxes $300.00 (made up, but PITI is $1254 total)Sewer and Water $133.33 (in most MFH the owner pays ALL of this expense)Trash $- (is this included in your taxes?  

Since the deal wasn't direct (there was a wholesaler involved) and she was allowed to stay in the house for some length of time after sale, and presumably she didn't have a real estate agent or attorney representing her, her claim would be considered by the court as her being taken advantage of.

The escalation clause should include language that says something like "Offer amount will be increased by $5,000.00 over a bona fide, arm's length offer up to a maximum of $930,000. 

I know of no other company that has achieved similar scale to REI Nation, at least none who have managed to stick around for any comparable length of time.

Unlike the conventional mortgage space, HELOCs are all over the place in terms of length of draw period, whether they are interest only, what the max LTV can be. 

BiggerPockets sells a Landlord package for $100 that is a reasonable length, very well written, and reviewed/approved by an attorney in your state.The way to protect yourself from the eviction moratorium is to have your standards nailed down and really screen well.

In any event for it to be arms length he would have to purchase from his father triggering a gain on his fathers part unless his father also does his own 1031. 

I would go to great lengths to convince my younger self to hold off on buying the bigger SFR as my primary residence.

Hey Brian, I agree with the chair rail idea, but if you want a finish that's consistent from floor to ceiling then you may want to just buy pine tongue and groove boards that are the full length. 

You need to have some minimum rental guidelines such as income requirements, length of employment, credit standards, etc.