We didn't initially intend to have the house for 5 years, so the ARM products had appeal because of the lower interest rates.

We didn't initially intend to have the house for 5 years, so the ARM products had appeal because of the lower interest rates.

My two cents are as follows...we were tasked by Progress Residential to source and acquire homes for their portfolio in Atlanta but initially they did not want us to manage their homes for the reason mentioned...potential conflict of interest...after about 6 months using other managers with poor results, they came to us and asked us to manage given the fact that they were so pleased with the way we professionally approached the acquisition process. 

@Nick RutkowskiMicrosoft Project is a project management software product, developed and sold by Microsoft.

Rehabbing and cash flow production What was the outcome?

So far we've been dealing in SFH that carry around 6-8% cap rate and have been happy with that but like the idea of have 1 building to maintain and acquiring multiple units in one transaction.The issue with coming up with a price is that valueing it based on current cap rate with under-market rents is definitely far below what it's worth, but a value based on a cap rate at market rents is also not representative since the building is obviously worth less with it's current income.

I would like to acquire a rental property and I wanted to avoid the hassle of going through a bank to get approved for a loan.

Before obtaining a building permit for an approved accessory dwelling unit, the property owner shall file with the County Recorder a declaration or agreement to restrictions, containing a reference to the deed under which the property was acquired by the owner and stating that:a.

your running a bunch of different concepts together.. suggest you really get a little more educated on the subject before just asking for advice on the internet.. we do a ton of infill building each market is different.. and there are about 3 or 4 different insurance products.. so you need to be specific..  

I just acquired a foreclosed property in TC, 500 ft from one of the inland chain of lakes ( Spider, Arbutus) for a great deal.