I know it varies between tenants.

We are looking to get more cashflow in because if we have more kids, we might only rely on one W2 income (and more on the income from the rental houses).

Most also rely on beefed up rents and unrealistic operating expenses in their pro-formas to justify higher sale figures and can generally take advantage of their investor clients who are not familiar with the nuances of the market.Again, my recommendation is to be more active with your earliest investments but if you feel so strongly about a particular market network and partner with the leading developers  in that  market.

If they are using 506b, they can rely upon a representation from you that you are accredited.  

Foreclosure attorneys vary by state as each state has specific laws

I would be much more apt to invest in this type of deal, if you are truly a second, recorded lien position with a fixed interest rate and a capped upside upon any capital event.And finally, there is all the basic underwriting needs which will vary deal by deal.  

Curious if this pricing strategy was not obvious to the many buyers agents that made the effort to submit an offer.The value of a property varies in the eyes of the buyer.

Hey @Michelle Macias, when it comes to out-of-state investing, you want to build and rely on a team such as your property manager, contractors, and deal finders. 

Every lender has different requirements, and this can vary based on their underwriting policies.

Relying on others(wholesalers, agents, etc) will have smaller margins, sometimes there's great nuggets.