In a flip profit is a one time thing, but buy-and-hold has multiple income streams.

Minor selling points are having more space and privacy, a streaming HDTV, bbq grill, and outdoor recreational areas.

In my opinion it was probably water they spilled as they do have a water dispenser in the dining room.

To sum up this thread here is what our company plans on doing based on your recommendations.Require the last two years of their 10-99's to validate a stable income pattern.Require the last 2 Years of bank statements which can help establish the applicant's financial responsibility and steady income.Along with our other minimum requirements we should be able to vet potential applicants with no problem, regardless of their legitimate income stream.  

Therefore, Investors are less likely to do their own maintenance because they've run the numbers and already factored in the cost of outsourcing repair work.Owners seem to look at REI as a career path or alternate income stream, like a small business owner.

The penalties are a whole revenue stream for their business.

To all you larger landlords and apartment building managers:

Is anyone aware of a financial services provider that will "purchase" your future rental cash flows at the beginning of a lease? I would imagine this woul...

I've been living off assets, but I don't have a steady stream of income from those assets, which is what lenders want to see.

With a MH you are creating streams of cash and are not looking to make your money from appreciation.

But for us, each property is an income stream.