I took an online LMO exam, got a 94 and missed on some new disclosures and there were no questions concerning these qualification matters.

Rent is due on the 1st and late on the 5th per her lease agreement.We are concerned that if she does this once (she just moved in recently), she will do it repeatedly.The lease is clear about late fees and clear about eviction for non-payment.

Please accept this as a token of my appreciation for having you as a guest.Any questions or concerns feel free to contact me at....LandlordNow you have shown goodwill for $100.

Lots to choose from.Appreciation: Probably very little (property has been on the market almost 3 months)What things should I be concerned with?

I have always been one of those types of people who 'keep measuring but never cut' so to speak, so I'm resolved to not run my real estate business that way.

@John Moore - Thanks, I have to admit I was concerned about the amount of vacant buildings.

Our plan is to do most of the rehab ourselves and with help from qualified friends which will help us cut some costs but exactly how much, we don't know yet.Thanks again!

I understand your concern about the balloon payment, I feel the same way.

Also, I've read on several lender sites that the checks would be cut to both myself and the contractor.

Some better lawyering might be to justify why lot rents might be more on one lot than another similar lot, location or view may not cut that in a park.