In Texas, we have earnest money in addition to an option fee.  

Plus you're allowed to prepay a certain percentage per year so it becomes even less of a factor when considering your loan options.

If anyone knows that area of the world, is my Vacancy %, Repairs %, Capital Expenditures %, Property Management Fee % set up correctly or does it need to be updated / changed?

This would be a commercial note limited to 80% of the trade-in values of the vehicles and would be priced around WSJP + 2.50% with a 1% origination fee of the loan amount.

Price: the biggest factor!

@Dawn Anastasi thanks.... i'll go over there and see if it really reeks to permanent damage status.But I'm not a 1 strike your out type person.... especially if the situation is amendable(he's paid late fees and NSF fees twice totaling over $300)

Beware of State regulations for No Fault Evictions - - typically there are high relocation fees to the existing tenant.  

As you are aware, the long standing tenant can get a lawyer and assistance from the housing rights advocacy agency.Which could cost you court fees, relocation and additional FREE rental occupancy for the tenant ( judges do this a lot). 

Hi Nehemias,Up until a few hours ago I was all excited about partials, as my perception of them was shaped by the wow factor, that this is a great method of investing in notes for those like you & me who have little capital.However after reading this excellent thought provoking & pre-warning article by veteran note investor Lorelei Stevens, has prompted to have a  very serious rethink.If anyone reading this has addressed all the issues in the above article?

For my heloc they waived the fees for the appraisal so long as you kept the account open for more than 12 months.