There is still much controversy over the legality of that product in California.The city of Los Angeles, and many other cities in So Cal, have taken strong stances against tenants in buildings concerning their use, their occupancy permits, and their stringent review of the premises which may or may not impact the landlord depending on the city's findings.I'm in the CRE business and I won't have anything to due with this type of tenant.

If you have taken an FHA loan in good faith intending to use the property as your primary residence... and if you have satisfied any residency requirement for FHA purposes...and if you then change your mind and move out of the property and turn it into a productive investment and intend to use it as such and report it as such on your taxes...and then you later decide to sell that property - then....The FHA loan is paid off at the sale.  

In addition to the location.So there are two essential parts: Location and Quality of the building and amenitiesQuality of the building and amenitiesWhen it comes to the Quality of the building and amenitieshere is how I would approach it.A Class, also referred to an institutional product (meaning that a REIT, a Pension Fund etc. would buy this property)If you have a new apartment complex (less than 4 years old), with high end finishes in the units (Bluetooth speakers in the showers anyone?)

Don't mistake this as a recommendation for buying any of his other products  ;)Happy reading!

I'm the Marketing Specialist for Commercial Capital Lending Firm and we offer several different products including Stated Income Loans, Fix and Flip Loans for example. 

We have several different products, such as stated income loans or even a proactive line of credit (the property doesn't need to be in place to qualify) that he could use to initially obtain the properties, then move them all into our blanket loan product.

The lunch meetings are the most productive for me.Have fun and maybe we'll see you around!

The guy selling the system has CASH from all the people buying his informational products............ : )

Post the finished project, I would like to see the finished product. 

You can get a moisture meter.Here's the one that I have http://www.amazon.com/gp/product/B002ZHZQF0/ref=oh...It's an invaluable tool, for me.