I’m just worried it won’t cover my cost to pay my lender back for the flip and I would have to come out of pocket or sell the house for minimal gain. 

You shouldn't need to send multiple reminders; tenants are generally aware of their rent due dates and are conscious of any delays.

Most of the investment properties that we are looking at have minimal lease terms from the HOA of one month to six months.We are not opposed to buying this type of property.Questions:1.

I’ve always had a passion for real estate and dream of owning properties someday, and I plan to invest more time in this field after I graduate.I’m particularly interested in starting off with wholesaling as a way to enter the real estate market with minimal capital.

This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the septic tanks installed.We had to dig up the septic tanks, install a lift station, and reinstall the septic tanks.This all happened during 2 hurricanes, which caused even more delays.Time kills deals.This is why you need to 1) be conservative with your timelines and costs, 2) add contingencies to your budgets, and 3) have a healthy profit margin.

Any delay or failure in the performance by Landlord hereunder shall be excused if and to the extent caused by the occurrence of any event that is beyond Landlord's control, such as fires/ floods, earthquakes, wars, sabotage, terrorism, vandalism, governmental acts, injunctions, or labor strikes, acts of God and any other occurrences that are unavoidable or unpreventable despite reasonable efforts to prevent, avoid, delay, or mitigate the effects thereof."

The app works at depositing checks.I dont plan on using the debit card much because I use my credit card as much as possible for the points and the delayed payment saves me interest.  

They can advise you on your options based on your specific circumstances, including how to proceed if you believe he may be trying to delay repayment or if he is indeed facing bankruptcy.Assess the Situation: If he is experiencing cash flow issues, he may be trying to find a way to resolve them.

If you are okay with getting the loan based on the purchase value, seasoning should apply at all as you can do a "delayed financing".

My intention was to minimize my reported taxable income after taking expenses against the earnings through the LLC.