This is simply your first of many questions and ideas that you will end up exploring and that the BP community can help you with.

What you're trying to do should be pretty easy with multiple sheets in one spreadsheet if you simply build multiple amortization schedules.

Just another piece of information:An investor (also an RE broker) told me that he had done extensive studies on Virginia Beach and Outer banks NC and concluded that those were not good condo markets for investments.

After we concluded we wanted to retain this tenant we proposed an 15-month plan to get them to market rent: an initial rent increase of $50, followed by a $25 increase each subsequent quarter until we arrived at market rent.

I would put out the small white lights and leave them up for well before and after the holiday season simply becuase they are attractive.

If it works out it seems it would be much smoother to simply tap a credit line rather than having to qualify loans on a per deal basis.

Then from there forward, I would be able to conclude whether I will show motivation to the tenant or not.Regards,Mark

By that I mean an LLC is simply the credit rating of the members at first until a company then establishes its own, I just think that if theres a system that creates LLC for resale for the sole purpose of having good credit lines… seems like credit fraud to me.

The lease-option simply has two separate contractual issues, a lease which is terminated under the terms of the agreement and an eviction process afforded under state law to regain possession by the owner.

Part of this comes from simply maintaining your property to inhabitable standards, which is more than what a lot of absentee landlords can offer.