There’s also a scorecard that gets released based upon many factors.  

@Zach Howard there is no agreed upon Classification in the 1-4 unit market.We've done our best to logically create a system for our market, mostly based upon relative sale prices, but also using crime rates, rents, occupant income and a few other variables. 

To Jay's point, though, there wouldnt be an impact on your DTI based on your numbers. 75% of the gross rents can be used to offset the debt to $0 until the operating history is reported on a tax return, so if the rent is 65% higher than the mortgage, then the impact to DTI will be 0 until next year when 2025 tax returns are completed.You could try to find a DSCR program that allows you to become a partner of the entity after the property is bought and financed, but this will require significant trust in your partner and may or may not work from a financing perspective.

I titled this post based on that.

It would be based on the scope of work of the renovation that you're doing comparing for values in its as is condition and values after rehab 

The posters opinion is based on their experience, my opinion is based on mine.  

Happy to connect as well as I'm based in Chicago.

@Marc Robinson if it is on a lagoon I would pass on it based on that alone.

while i do think it's valuable to analyze properties, it's really difficult to underwrite based on photos. 

Social Security also has a consent based ssn verification process where a SSN can be verified with the parties consent.Again, we can never be 100% full proof but we can stay on top of the latest ways to mitigate the fraudsters at their game.How are you catching fakes?