There are alternatives note investors have and thats new origination's where of course you will have some bummers but your not starting out with a defaulted borrower at the get go.

Hey @Anthony Sigala many folks might be optimistic about this rule but the "rule" was created during a very specific and particular time in real estate as a way to help newer investors have a framework on how to approach rental properties without going in blind.

Specifically, the cost to have it corrected is now a known material fact. 

Use this meeting to gather their perspective on the property and understand their goals before making any offers.Keep It Informal Initially: Avoid jumping straight into specifics about pricing or terms.

lots to learn here just browse around and you'll pick up on stuff and know where to hone in more im specific areas you are interested in. 

That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.

In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”Under MACRS, depreciable assets are assigned to different classes, with each class having a specific recovery period.

You're buying a specific property, in a specific location, in a specific condition, subject to local rules and regulations.

Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.”When it comes to closing costs, a trusted lender can guide you through specifics and answer any questions you may have.

Are there specific features traveling nurses value most in a rental?