While not substituting for legal advice, can anyone tell me if, (in the state of Michigan or generally, I could take out a conventional loan on a house which is currently under land contract.The story: Vendor for land contracted house created the 20 year note last year.  

.*$125 lease renewel fee*7% on outside vendors (they will reach out to 3 companies to give bids & I am able to pick the vendor)....They charge me 7% of the total bill as their fee for calling contractors and getting bids for me.

I have terrific vendor contacts and a great eye for opportunities to increase the value of an asset.

They should have a vendor list of contractors they trust. 

I use third party vendors to service the air conditioners twice a year (summer/fall)We also teamed up with an air filter company that will mail filters to our tenants every month with our logo and date stamp  I text and email tenants on New years day to change out the smoke detector batteries I have all my homes professionally inspected with a report and photos prior to move in, move out and renewal time.

However, I use PostcardMania as a vendor for postcards and they have a list vendor with access to similar lists.  

Outside vendors need to be hired to do these kinds of things (mow the lawn, paint, make repairs, etc).I hope this helps cover the basics!

So I have been taking real interest in the Podcasts around the turnkey providers who can provide great product for their investors as well as the vendor financing, alternative funding choices you have in the US that in a large part we dont have access to currently in NZ but which I am hoping we might be able to find ways to do?

Building relationships and passing tests to be approved vendors for master contractors.

Due to the contacts and references I have made from through my contracting experiences, last year I setup a separate LLC as a general contractor to maintain my license and insurance for the ability to sub  out and manage my vendors and/or day labors contacts when needed.Being as I a younger guy and brand new to the RE investing arena as well as having freed up my time from my previous contracting business, I am considering getting my NJ real estate license.