Or do you do more what I plan to, take the cash month to month and those ugly years, take the hit... just ensure you have access to a proper amount of equity or credit to be able to pay for it when it does happen...The first is a bit more conservative, essentially your less leveraged as you're holding cash reserves... the second is more aggressive as you're likely taking the extra cash and further investing it.What are you guys doing, especially you with only a few properties that would be more impacted by the need for a new $5,000 roof.

This is customarily done to ensure the lender's security interest stays at least as good as it was at the outset.

I have not heard of anyone getting nailed on it for over 15 years now.I would assume anyone thinking of conducting any new business would check to ensure compliance with applicable laws.

However, what do I need to do to ensure that the co-wholesaler does not go around me and contact the guy directly?

I would never do that and furthermore, I go to great lengths to ensure that my tenants don't know where I live.2.

Proper screening of tenants will ensure that I get fresh green grass. :)

Especially as long as there are indicators that the bigger banks have the means and desire to absorb smaller institutions when necessary.Whether you agree or disagree with Bush's decision to spend $700B to bail out the banks a couple years ago, it shored up the ability for larger institutions to take away to affect of destabilization when there were a rash of smaller bank failures.Now, if you're concerned about the big banks failing or a major snowball effect, there are steps the FDIC can take -- and probably will pretty soon -- to ensure that the fallout won't trickle down to the taxpayer.I'm certainly not saying we're out of the woods economically, but to say that bank failures are likely to have a major impact on the economy doesn't really make sense to me.Of course, I'm not an economist, so I could be wrong

I have had no problems with the HOA (called Condominium Corporation in Canada) due to the fact that I do a lot of due diligence upfront before I buy.I ensure that the HOA (Condominium Corporation) is under good management.Thanks again for the welcome everyone!

It does not bring you a profit, but it does position you to receive referrals from both the Seller and the end buyer, as it shows that not only do you want to make money, but you are willing to step out of the way to ensure the property can close.Most negotiators on here will do everything they ethically can to ensure that your numbers will come in from the lenders, but there are times when the lenders will not settle for your highest offer.

Without getting into too much detail, those two documents will ensure you get paid properly for all the work you have done.Brandon GadishLandlord Technology LLC