Most lenders are going to want to see everything match when writing the debt instrument.

But if you continue to the next RR you can overcome the rough BR and in time find yourself in an asset with hundreds of thousands of equity in it.In any investment market, I don't care which one you look at, they all have instruments that allow for short-term investing. 

Keep in mind that laundry leases are negotiable instruments and that a "one size fits all" is not a very good approach for either counter parties.

(FWIW, if this is your first major insurance claim, consider hiring a public adjuster.)Usually in a situation where the property is unsuitable for living due to a loss, most leases automatically terminate.  

In Virginia, a Memorandum of Contract is a commonly used and legally recognized instrument to cloud the title when a party has an equitable interest in a property due to a signed purchase agreement.

When interest rates skyrocketed from 6% to 18%, lenders began putting due on sale clauses into deeds of trust and mortgage instruments/notes, especially since many mortgages were being originated with “teaser” rates and “buydowns”.  

These groups can be instrumental in helping you dive deeper into the market and align with experienced professionals.Good luck!

Definitely a lot of growth here as Texas Instruments is investing $29 billion into a development to bring over 3000 high paying jobs to Sherman.

We will fund this internally for our fund and take an assignment of the security instrument and endorsement of the promissory Note. 

There is a lot pain, frustration, and VALUABLE lessons learned from hiring a property manager (in my case, 3) which will eventually be instrumental in forming your thoughts and beliefs, not only about investing in and operating rentals, but real estate in general.From a financial standpoint, you will be in total control and have no one else to blame when things go south, but at least you were the one calling the shots and yes, we all learn from our mistakes.