Start by reviewing the assessment report for errors, such as incorrect square footage or outdated property features.

How many mortgage lenders have you spoken with to get qualified and discuss allowable down payment options?

Most lenders I work with would lend you 70%-75% of the value of the property, but only so much that your NOI/profit is 20%-25% of the monthly loan payment.

I’ve watched a lot of videos on how to screen and how to set up work with contractors, so I’m hopeful to build those relationships more in this area in the future.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Do you use your own cash or do you have a lender or investor funding your deals?

This puts the current market rents of $885–$925 per unit well within the affordable range, with room for modest increases post-renovation.I’ve also reviewed competing properties in the area; apartments seem to be listed between 975 -1000, and houses are listed between 1300-1900.

Most lenders will add back in depreciation and around 1/2 of your milage expenses.

Review your prior year income statement.How did your year go?

Have you talked to a lender?