You should then receive a physical collateral file if not already an electronic one - Collateral file is a a file which contains all of the previous mortgage paper work including things like alonges, deeds, borrower personal information such as bank accounts and credit scores at the time of the sale, pretty much all the paperwork submitted, required at the time of the sale. 

@Daniel Mills there are many good markets you can fined small MFR.The question is what are your criteria for good market and your buying criteria.Finding a market is one thing, and having a good team on the ground including property manager is another...I invest in Arkansass and Florida both have good  smal MFR opportunities. 

Zoned commercial, so there are options (including maybe a run at Airbnb in carriage house), but highest and best use is likely residential for now.

Mostly referring to earned income at this point, but could include other sources.

Any other strategies or ideas we could include while rehabbing these units? 

So if I am reading correct they will also manage the property but it seems that's not included with the HOA fee, it'd just be an extra cost.Knowing all this I'd definitely say this property won't cashflow.

In the chapter on wholesaling, he states that many wholesalers include detailed bids from contractors in their proposals to potential cash buyers.

Recently they decided to add a "Rental Reporting Policy" which essentially includes a $250 fee and a $1000 fine if owners do not report yearly who their renters are.

I spent the last 7 months getting paperwork together including my dual citezenship for Mexico. im finally the owner, bought it at about 12% of the value. were looking for investors to team up with and might have some private money interested in helping us develop.

I am hearing of some high LTV stuff and banks allowing seller seconds and people just treating money like it comes out of a water fountain  I closed a deal last month at 100% borrowed including closing costs.