As far as the DOSC yes that is a concern and yes the lender can call their note due, and they will.

The things _I_ would do--new kitchen about a 9x12 rectangle) , solar heat and water, tile throughoutbath repair, possibly cosmetic, and exterior paint.A big concern is that it was built in 1972, so upgrading the plumbing and electric may be necessary.

A big concern is that it was built in 1972, so upgrading the plumbing and electric may be necessary.

Thats why I am concerned about going with hml.

If i were u, my biggest concern would be what is this guy looking to get out of me.

It's an interesting bit of wisdom that fits his conservative investing methods quite well.

as far as investors are concerned.

hey Susie - Your realtor is probably not very likely to find motivated sellers for you, as they can only find you whats on the mls.Is your realtor your only method of finding sellers?

Our main concern is rehabbing a house long distance with a contractor.

That could be $0, it could be a few thousand (I'd sell if I had to carry the thing for more than 4 months..)My other concern is that keeping this as a rental forces me to buy the new house with an 80/20.