To get the property in cash, I essentially have to borrow the funds from my father and borrow the renovation funds from my father.

So, they moved into that house and essentially walked away from the property next to ours. 

Hi Brie,Sorry, my post was a bit ambiguous and thanks for replying to it.I want to know the multiple ways of paying brokers and are there any other essential pieces I should be putting into place as a future commercial and residential property manager.I am starting a property management firm.

They are essentially taxed the same in that the income flows through to the individual's tax returns the same. 

If I get licensed in either Virginia or Maryland, getting a DC license only requires a one-evening legal class and then the test, so essentially I just need to pick between VA or MD.

It is in excellent shape and was very recently updated with new kitchens, bathrooms, etc.Purchase price is 600K and current rents are 4400/month.I’ve already created an LLC that will be used to own this property. 

Essentially some of the core ideas would be to show the Borrower did not get served properly or was not afforded the 20 days to cure the default.  

hi allsend out letters mon got a call today motivated seller problem  2yrs behind on payments had a balance of 76k has an arv of 110k have not seen house on the inside seller says they updated bout 5 yrs back but only bathrooms and carpeting has a pool with half water in it owner says nothing wrong with itI told seller to talk to bank about a shortsale as they just want headache gone but not willing to do l/o or seller finance any suggestion on how to get it under contractwho talks to bank about shortsale seller or buyertks in advance

.; what's coming out of their pocket.I'd be more concerned that they aren't being fair by not making their payments -  they're essentially getting a very cheap place to live on your dime.

My thinking with this is that this essentially gives the renter subconscious permission to let the dog to $500 worth of damage - "Fido's scratching up the back door, but that's OK because I've already paid $500 and it won't cost that much to repaint it."