Its been my experience that most Section 8 applicants have insufficient income and horrid credit.

Servicer can deny for many reasons: FICO being the most popular, loan to value difference, being a stand alone first with no secondary financing, income insufficient...If your buyer is self employed and has multiple tax returns or losses, this is something you need to ask on day one as will be a road block.

As a result, your estimated $800-$1000 monthly loss will increase.(2) Insufficient Reserves Have you accounted for maintenance, vacancy, and reserve funds?

Apparently the previous owner knew this and had tried to convert to conforming 5 unit but was told there was insufficient parking. 

If that is the case, then yes a bank wont cover it because the rent is insufficient, its more of an over priced property IMO.

New here, 1st post - Bought 1 property in my name and 4 in LLC - starting to learn airbnb in austin market, also working on health/fitness/nutrition, lost 30 lbs and building my cloud computing technical knowledge :)

Nothing to cancel a deal over but you could say something like “this efflorescence is a sign the exterior waterproofing is insufficient for the hydrostatic pressure of ground water in the area - we are going to need a sellers concession equal to the value of the middle of three independent quotes for remedy” - so just use it to get cheaper price.

For example, a couple of these 5 additions/requirements are insufficient in AZ and CA.

Your current cash flow is insufficient, and the Houston real estate market is uncertain.

A lot of PMs charge $250 or $500 for this, but even those values are insufficient for the actual costs involved in cleaning up smoke damages.