What's his schedule like, can he agree to do rideshare, food deliveries, or a second job on his off days to guarantee rent?  

Thank youI understand what you are saying but if I have a 5 mile drive to work daily I do not need to have a ferrari. 

Cross reference these with projections from a local propriety manager and/or your own protected daily, occupancy and operational costs. 6.

we just bought an underpriced piece of land that was unentitled and had high upside in Franklinton in Columbus Ohio. a non profit owned a plot 4x the size an Called us only after our project was announced and asked If we'd buy their site. we gave them 4 different ways they could work with us and their realtor wasn't experienced enough and neither was their director of finance. the bought it to put a food pantry and couldn't because they can't develop. it's a mistake on their part to purchase land like this. their funds should have been used for other reasons.

Late fee is considered reasonable if it is not more than 12% of the rent for the rental period under the lease for a dwelling located in a structure that contains not more than four dwelling units or 10% of the amount of rent for the rental period under the lease for a dwelling located in a structure that contains more than four dwelling units or the late fee is more than the applicable amount but not more than uncertain damages to the landlord related to the late payment of rent, including direct or indirect expenses, direct or indirect costs, or overhead associated with the collection of late payment.A late fee may include an initial fee and a daily fee for each day any portion of the tenant's rent continues to remain unpaid, and the combined fees are considered a single late fee.

You could rent it to a food truck to use 1x a week for $100 a day or $400 a month2.

Otherwise, you'd need to based the financing based off of the purchase price (possibly plus renovation).Since Conventional rates change daily and the rates have jumped recently, DSCR rates actually are in similar range at the moment.

The Whole Foods/Trader Joes/Starbucks principle works as well.

Sorry I was not clear, the ITEMS /FOOD left in the fridge.

Now all the foods left inside got rotten and they smell horrible.