I am going to bump this...

There are door jamming devices can be attached to a door to be used and instructions to use them.Written instructions to tenants to keep doors and windows locked.Neighborhood watch meetings, the police usually assist in giving classes and materials.Parking lots with speed bumps helps keep drivers from blasting through at 40 mph instead of 5 mph where kids dart out and get hit.Get with your police department on a security SOP for tenants, have them read and sign it.:)  

slinger, i too am in your same spot...i have a HM rehab loan almost ready to go but just need to line up the exit refi, bc i plan on holding onto the property as it will provide excellent cash flow ...i have also been told the local banks are the way to go...i have 2 calls in and have spoke with two local lenders probably call more this week...one lender (i have used them 3 times this year for other deals) is my best bet and even though they know me and know my history and experience they are "on the fence" about this type of financing...they have not ruled it out but the broker said yesterday "i wil run it my sr. management"...doesnt sound too good...this would be my fist HML too...keep you posted...

It just keeps bumping other posts.4.

Three bumps of my original January post in one evening.  

You also have to keep in mind the size of these buyers and the fact that most are not using their own money.Institutional funds are able to raise money hand over fist right now for US multifamily.

If reasonable guidelines are not in the landlord-tenant act for your jurisdiction (cool that Florida makes it clear) you can still include it in your rental agreement, if your agreement is in compliance with your state and local laws.If the tenant doesn't abide by the terms of the rental agreement, then serve a legal "notice to comply", or whichever notice is appropriate for your state.I like the idea of bumping up the frequency of inspections when tenants violate rental terms.

Now this is an extreme case and you probably dont bump into that every day but thats what we look for and we do 2 of these every  year.

,Sorry - your thread from last year got "bumped", so it's active again.I'd be curious to know what led you to decide against proceeding.

5% sounds a little low to me, you might consider bumping that to 6%.