I have recently have the Second lenders trash the deals by demanding the $1K or such at closing plus a personal note for 50% of the balance of the second note, to be paid over 10 years or similar.

Our area has a very high demand for rentals right now so that is why the rents are rising faster than normal.

It is important to increase the demand so that the market can get more lucrative.

@J Scott, to me value add means if you go into a project for say $80k which might be close to current market value and spend another creative $50k in rehab and end up with a property with an ARV of $190k giving you a projected $60k margin on a product that you bought on the basis of seeing an opportunity in the rehab process rather than buying at a discount which usually means you bought it in distressed condition.This way of making deals demands not just creativity, but also experience and a good eye.

More to advising than sending you a demand letter, and as mentioned, they can't go there unless you transfer the deed of grant an equitable interest.Best way is to bring the owner in on the note, you could stay on the note, the bank may just qualify them for a new loan.

Modern houses seem to be in demand.

There is clearly some demand out there for one!

Depends how you want to look at that info...I choose to take that to show a majority of Americans can't financially plan far enough in advance to save for a downpayment for their own house so the demand for quality rental options will continue to be there!

I would allocate a property blocked for owner used more on the percentage of blocked time and how demanding that property/owner is during that time.

If so, the demand for these is dropping faster than primary homes.I would walk through the property you are looking at and try to get a better reno cost so you can speak from facts rather than generalities to the owner and see if you can convince her to come down.Feel free to message me if you want to talk specifics and do not want the details posted . . . .