When an HML knows a borrower, has done business before, they may well cut the interest for a good customer.

Can't say I have come across that software, people usually put together custom spreadsheets(excel, Google sheets, OpenOffice) and use those.

It does though depend on how good the customer was initially at property management.

The reason for that is because each door will need to be custom made. 

What I'm afraid of is having to carry the property until I have a clientele or return customer base.

Quickbooks, lots of custom spreadsheets and then folders for each property for paper docs and receipts. 

After going through an extremely messy situation with a previous renter in my condo, one that involved having to deal with the legal system for a proper eviction and leaving me with 8 months of no incoming rent, I fin...

Most loan docs do contain a "due on sale" clause which basically says if the property ownership changes the bank reserves the right to call the whole note within a specified period of time.

Most of the ones that succeed are the specialist that build them custom. 90-125k range. 

Makes me wonder if the same thing happened to other customers of theirs.