We painted the exterior a SINGLE color with a different color of trim that looked much better (although the paint job was not stellar, it was still a huge improvement.)

What you could provide in addition to filling out the information they request is more details on what you are looking for in a place (if a good fit is especially important to you), explaining any oddities (if you have lived at any address for less than a year, if you have held a job for less than a year, if anything is not stellar), copies of pay stubs or tax returns (most smart employers will not share salary information), and more information to show that you can afford the unit (I love the idea of the budget).

In higher vacancy conditions where the local norm is month-to-month letting {e.g. much of Saint John}, you would be limited to a more modest fee (if your building was highly attractive) or no fee (if your building was less than stellar} The only time, we've taken a security deposit and/or first month's rent with an application was when we were approached to provide one of our properties furnished for a corporate rental.

Please explain what "good physical condition" means to you @Sean H. since you are here discussing tax sale properties that tend to be in less than stellar shape. 

I just haven't had to because the tenants have been stellar :)

The authors did a commendable job showing both sides of the equation; mobile home parks offer investors stellar returns, but not without a lot of hard work and (at times) a challenging tenant base.The article features my business partner, and Park Street Partners co-founder Jefferson Lilly.http://www.bloomberg.com/news/2014-04-10/trailer-parks-lure-investors-pursuing-double-wide-returns.html

As far as setting up the llc, one issue banks have with 50/50 partnerships is that if one person has less than stellar personal financials, issues with cash control may arise.

Don't have the funds yet so if you know anyone open to being secured by a first with LTV of 70%, I'd much appreciate it and of course would cut you in on some coin once I exit.My credit is not stellar but it's building which is why I'd like to stay away from conventional lending.Exit strategy would be either Lease Option or Owner Financing with 10%-20% down.

So far we've got a traditional lender and VA-focused lender, but we're looking for private lenders, transactional lenders, and hard money lenders.If you're interested in being a part of the panel (or know someone who would be a great addition), please let us know or fill out our speaker suggestion form and be sure to designate the interest in this panel.The conference sessions are looking great so far and we're looking forward to finalizing this panel to help complete the stellar lineup that we've got committed.Note: There are a few potential other openings . . . we're just waiting on people at the moment.

If you guys could help break this down or help me gather this info for everyone on Bigger pockets that would be stellar.