Looking for some advice-When posting an apartment for rent on various sites, I typically include a string on words at the very bottom of the ad to aid in search.

Check out the city on VRBO and see what a typical property like yours rents for and how booked up they are.It would require more management, but a lot of those VRBO properties are very automated and I imagine you could put systems in place to have even fewer headaches than a regular rental if done properly.

Plus since the tenant is in the state of packing, a lot of items are in a state of flux, with multiple showings, I just hate a tenant to blame something on my showings - "I had an iPad on top of the coffee table this morning, and it's gone".So I typically wait till the property is vacated and I had a chance to clean it to show it, but I like to hear from other landlords who have showned their units during the last weeks of occupancy.

I am not sure about the rules surrounding your bank loans, but one word of caution: If a HML makes the deal real tight for a 3 month hold I am wondering how tight the deal is to start with, as you pay a lot more closing costs with a bank loan than you typically do with a HML so the few percentage points (even if a 6 month minimum on the HML) shouldn't be making or breaking the deal.Make sure your deal is really a deal before you jump in.

Proof of funds is only used to show cash in the bank.A private money lender should issue you a preapproval letter stating you are preapproved to borrow $xxx,xxx.xx which you would submit with your offer along with proof of your own funds in the bank that will be used for your down payment (assuming you're contributing a portion of your own money).When the lender makes a private money loan, they will typically "fund" the loan into an escrow account or trust account (however it's done in your state) after all loan conditions are met, and it will go directly to the seller.

What's typical title insurance for a $100k property?'

I am typically the buyer so I will give you my perspective.

I think it's good to pick your niche and if war zones are not your cup of tea, avoid them.

As expected and typically we found it in terrible condition.

Doug Hopkins = ALL FLUFFOutsourced to 3rd party typically.