However when you want to get boots on the ground and really do it, you'll need someone to hold your hand that's been there before.

On the other hand if it is non-refundable, then the tenant won't be expecting it back and therefore the previous owner may not need to give it to you. 

What could happen is that their keys land in the hands of a relative who then proceed to SQUAT.

On the other hand, if you are accredited, then there are many other choices with much more experience, much more skin in the game and/or much lower fees.

We were not able to view the property before hand but did have pictures and a assessment of the property to go off of.When we finally closed and went inside to look it over and get a plan together, we noticed that the paint was peeling (the LR and hallway are a lime green and every other room in the house is a different color) in just about every room.

You, on the other hand, by being a Manager-Member, owns 19% of the LLC.The LLC then invests in the syndicated deal and the members get a pro-rated portion of the profits/distributions from the syndicated investment.As always have a lawyer in your state ensure you're doing this the right way.

Hi guys, it seems like since the "Stress Test" was implemented checking for "borrowing strength" by mortgage advisers depends solely on income/salary regardless of cash in hand.  

@Matthew GangiHouse Hack allows you to save more money if you buy it right and gives you first hands on experience being a landlord!

If you want to get your hands "dirty" and you like improving things, then go into flipping.

Hi guys, it seems like since the "Stress Test" was implemented checking for "borrowing strength" by mortgage advisers depends solely on income/salary regardless of cash in hand.