Hi Maria,It depends on the location and type of property. 

If you are going to buy them, make sure you have your ducks in a row as a servicer or, make sure any servicer you hire for these notes has their ducks in a row.

@Gillian Thackray It's actually quite surprising the PM you use is not effective or perhaps not motivated to perform the leasing duties effectively but appear to be fairly competent with the day to day management services.

What type of properties are you interested in purchasing seems to be going after a very specific asset class purchase price amount.

If this is indeed the service you get for $30 a month then that is a good deal if you need credit.

What made you interested in investing in this type of deal?

Thats pretty awesome you have experience investing in so many different asset types!

There are two types of investors here: 1.

You can also reach out to the Development Services department of the City that the land is in and they would also be familiar with that the code states. 

Other hidden costs you need to consider when evaluating HM lenders:-Applications Fees-Administrative Fees,-Commitment Fees-Underwriting Fees-Origination Fees-Loan Servicing-Rehab Draw Fees-Inspection Fees-Interest paid on undrawn rehab budget?