We’ve witnessed the danger firsthand of other property managers with the following common fees.Two common dangerous fees:- Resident placement fees - 1 - 2 months upfront, this incentives PMs to have residents move out every year.- Kickbacks from contractors - Incentivizes deferred maintenance PM fees are only assessed, if and when the home is incoming generating.

Positive factors include a declining unemployment rate, monetary policy which throws everything including the kitchen sink at the problem, and generally stimulative fiscal policy as well.To wit: interest rates are so low(due primarily to loose monetary policy) that investors can obtain loans with interest rates around 3%.

America took a 180 degree turn as we witnessed. 

Technically, it's the responsibility of the lender to cancel the mortgage.However, as private lenders we typically request that the closing agent draft the cancellation document and send it after the closing is completed.The lender can then execute (sign, notarize & have witnessed) the cancellation doc and then return the original to the closing agent for recordation.

AS you know people in auction settings typically pay more than they originally intended thus making the seller more money.I have witnessed this many times lately as they show the increasing bid.

@Renay ReeseMost of the time, it is best to simply be a good witness.

(Fast forward, an expert witness has declared your unit substandard and you have to return 100% of the rent, because there actually was a problem with the heater and it wasn't for whatever reason providing sufficient heat.)The gap under an EXTERIOR door would be a problem in CA, especially if there was water intrusion (probably not on it's own, but combined w/ other problems, it would be a point against you). 

Add to that, Millennials grew up witnessing the housing crash and has left many with the belief that it will happen again.

Now regarding your current asset, I have witness many circumstances that have turned regular old CA multi 20 years later to mid level lottery style winnings with redevelopment.

If you're planning on getting an FHA, you'll have to put it on your name, as far as I know, is for first time buyers so a Corporation wouldn't qualify.A Corporation is a good way to cover yourself against any issue you may have wit your tenants (e.g. lawsuit..).Also, it depends on how deep you want to get with REI.Hope this helps a little,Good luck!