This needs to be addressed in your CFD with the equity established being consider a valid lien on the property in the event of an insured loss.

In some instances, depending on the equity established by the borrower.

I made an interesting post about the gentrification of the Over The Rhine area in Cincinnati, and in reality the fact is that those individuals who once inhabitted OTR are really just moving a mile to the west and a new hood is being established.

I would either Joe, I said business owners who had been in business awhile, meaning a sound business, established, still in a mature growth phase.

How do you go about establishing a relationship with those listing agents you mentioned?

What makes me confident is the tea party candidates are taking out the establishment RINOs left and right.

I've contacted these agents and basically the most they're willing to do for me is give me some MLS leads (essentially the scraps that their already established investors don't want).

If you have a property that is located in an area where vandalism is the sport of the day, you can't really tie a set reserve to any index, like property value or rents, it will have to come from experience with that property.Being in a financial positiomn to cover any uninsured damage is the goal, if you can do that from day one without a "sinking fund" startegy, all well and good, but if you can't, I suggest you set aside all that you can initially and establish your reserve as quiclkly as you can (hopefully before your fisrt lease is over).What you need to assess is the risk of wear and tear as well as damage that is uninsurable for each property and then assess the risk in light of the probability of losses occuring at or near the same time on other properties.Never think that since you have quality "maintenance free" properties in great locations that you won't have any expense in the first or first few years.

Good credit scores also involve your capacity to pay, having a job or established business income and paying your obligations.

If you don't select the right contract to use, say to reduce costs in the event of foreclosure under the laws of your state, you could get hung up in court trying to get possession of the property, or, it could be too that the borrower will not qualify for the future loan required because the paymenst were not structured properly allowing the required down payment to be established, both of these issue can come back on you.Matt, if you have questions you can contact me and I'll direct you to some information that will probably help (or answer your question).