Also, how much does the borrower’s track record or experience influence your final choice, especially if they've had success with similar projects?

I just got the railings on a deck that was built over a year ago so…I wonder about how over-subscribed the builders in my area are.Your explanation about the possible reasons why someone might and might-not want to buy something already at its highest value is exactly what I was asking for and will help me to think about what my final goals are and will develop into.Shelby

We sent 6 offers, one per week until the bank finally accepted.How did you finance this deal?

We find they are more worried about the final balance due or refund.

Well here I am finally.

Have read many books and attended seminars and dabbled, but finally ready to make my first investment. 

Final result shown below.

The silver lining to that is that, because rents increases have been suppressed for a while, there should be some upward pressure on them to snap back up after home prices start to rise again, which is effectively happening now because rates finally went down.

Final ThoughtsThere are many questions to ask tenant references, but these are among the most important.

Yes, will have a final walk through with inspector next week.