But sometimes I am limited in what I can do in a flip due to constrained budgets or unexpected expenses that we didn't catch when we originally bought the house.3)Our first 6 flips that we did as soon as the 1st showing happened we were made a offer.

If it's only a partial reno you may be limited to where or how you can work to minimize the mess and this can slow the work down as well.Personally I prefer to do my demo's on Tues.

It means the administrator of the Estate of the decedent hasn’t been appointed yet and given authority to liquidate the decedent’s assets.They are waiting for their court date and letters of administration to be issued.You can do your due diligence and submit offers to the agent handling the listing but,it won’t be officially approved until after the administrator is authorized to sign them.

In addition to that I do monthly ledgers that list the running log of payments received to date. 

The reason is that, with limited capital, you have to choose where to dive in carefully.  

Depending on what city you are moving to; $500k may still be within FNMA/FHMLC High balance loan limit.

Depending on the state, this means they must give you proper notices and publish proper notices of foreclosure and set a sale date to sell the property at auction to the highest and best bid at a date in the future that is no less then the law allows in that state. 

Talk to a recommended lender who is familiar with investments to get your loan limit.

I also indicate other things as well on the lease such as weight limit, pet deposit (which was not collected from the tenant) and monthly pet rent (not collected because I specifically asked the tenant if she had any pets and the answer was no). 

The deadline for sending 1099’s is February 1 – the same date as W-2’s for employees.