All of this is curious of course because when FHFA first submitted the RFI the administration had already been leaking the idea about the Bulk REO/Rental concept, you can cross reference Google news and search by date to see what I mean by this.

In the event, that a certifiable appraisal by an appraiser of JMAC Investments, LLC or it’s affiliates choice, reflects a value lower than the option price, the property can be purchased for the current appraised value at the discretion of the Optionor.

This is also a better choice if the duration of the investment needs to be a shorter timeframe.Good Luck!

Thanks Jon, When I said I would modify my lease I was referring to strengthening my staements for excessive wear, not anything relating to limiting the number of children.

That was a very hard choice to make.

What law changes are you referring to exactly, @Will?

Maybe input them into an excel spreadsheet, assign them an ID#, and create a roladex card with it so I can reference them when need be?

References only, please.

1) ALWAYS get a detailed application. 2) Ask for references - landlord, personal and work related 3) Have THEM provide a current credit report - in my state that is legal - this way you create at least a "semi weeding-out" process right there.

Subject to or other forms of owner financing might let you get in cheaper, though may limit your choice of deals.