In reference to #2, you will not have a bunch of stuff "for the next project" to keep up with because you bought the wrong stuff in the first place.I got off on a different subject than what you asked for just thinking about how different my last project was from the one before it.

All of this is curious of course because when FHFA first submitted the RFI the administration had already been leaking the idea about the Bulk REO/Rental concept, you can cross reference Google news and search by date to see what I mean by this.

Most regular mortgage are not callable.

Not sure what the expected lifetime of these are, but 10 years for a regular washer or dryer isn't unusual.

I agree that it is similar to a regular purchase agreement however, if it would have been a regular purchase agreement at the time it was signed, the property would have appraised for the contracted amount.

I know the members here are intelligent, but I wouldn't want to make a decision that might cost you later by relying on an internet forum.An S Corp is a regular corporation that elects to be treated as an S Corp by submitting a form to the IRS.

If the return is high enough for the investor then the additional return to the rehabber for management may work.Would it be simpler to do the rehab deal with the investor financing and getting regular financing rates (from rehabber) and once the rehab is done then the investor buys half, giving the rehabber 1/2 of his profit, then continue on as even partners with you managing for say 10, or 8 % or whatever is customary for 3-5 yrs.

Thanks Jon, When I said I would modify my lease I was referring to strengthening my staements for excessive wear, not anything relating to limiting the number of children.

What law changes are you referring to exactly, @Will?

Maybe input them into an excel spreadsheet, assign them an ID#, and create a roladex card with it so I can reference them when need be?