I'm a big believer in aligning interests between the company and the employees.

If you know an employees is a drunk, or terrible driver, or not licensed, etc. and you let him drive you will be liable.

.), and factor in the potential for seller concessions (FHA buyers with minimal cash often request 2-3% seller concessions to cover their closing costs, and can ask for up to 6%, per FHA).Don't assume you can necessarily gross up the sales price to recover these concessions, as the property has to appraise out.

Does the income listed Net or gross?  

These are the numbers on a triplex that I purchased 2 years ago:Cost: $255,000 Gross Income: $36,000 + utilitiesNet Income: $27,000Cashflow: $15,500Cash on Cash Return on $56,000 investment: 27.7% per yearAs for getting your Realtor's license - it sounds like that may be a bit much to take on that on top of working and going to school.

For my particular situation paying a management firm 8% of the gross  rent was worth not being hassled over the management of the property and knowing that someone was visiting the house taking care of issues and ensuring the renters met their obligations.  

Ours makes about $2500 gross per year and you have more units than we do. 

Good afternoon,I am sitting here, browsing the internet for current 2015 on the max DTI on an FHA load, while at the same time deciding if getting an unsecured loan will halt my plans on purchasing my first propertyHere are the current numbers ( any help will be greatly appreciated )....Monthly average Gross = $1,700credit score = 680Total monthly Debts = $200House Payment I'm looking at from the purchase of the property = $500 ( this includes PITI )The monthly minimum for the unsecured load will be right around $150 a monthSo with my current monthly debt minimum of $200 + $150 ( new monthly minimum debt form the un-secured loan ) = $350Using a DTI of 35/50..... .35 x $1700 = $600     .50 x $1700 = $850Given this DTI, I'd be right at the Max on the 50% side of $850 , if I take on this new loanmy questions are...1. is a 35/50 DTI on a FHA even likely to get ?

Hello, we currently have a real estate company that rehabs homes and we have 5 employees including myself.  

I have always thought that a <150K small estate probate (DE-310 )  could be insured w/out a probate action, along with sheriff sales and post-tax sale properties.The other issue is this idea sounds like the type of work the I suck at (employees, meetings, more meetings, ect...).