In your case though, you have to be careful when it comes to risks as there's other people's money on the line, as well as your reputation and your ability to raise money in the future.Hope this helps.

She has the ability to pay rent, but would rather spend it on material items than her bills.

If you have the ability to manage managers, then for the next decade you will have the opportunity to buy out retiring Boomers in whatever industry you like.

If you have lower class rentals C-/D class then you might feel you need to be able to pressure tenants to keep them in line and the ability to non-renew them could be a benefit.

If you fail to do so and the insurer's ability to defend you is adversely impacted, your coverage may be affected.

On top of the 'commonly used' investor filters like 2+ years back taxes, recently inherited, etc- I loved some additional possible/ unique filters like number of structures on a parcel, min/max land sq ft, initial purchase price, and ability to narrow down to very specific areas on a map.

Quote from @Seo Hui Han: Quote from @Wade Wright: Hi,I am building a fourplex in Central TN and since I live in another state, I want to hire a project manager. 

These metrics provide a clear picture of a property's profitability, rate of return, and ability to cover debt obligations.Why Are Underwriting Tricks So Important?

And there’s legal risk, the risk that either through insufficient documentation, or adverse court decisions, the creditors ability to obtain ownership of the secured collateral in event of default is compromised.  

(By using ~$140k, you're indirectly referencing 25% of the 2021 conforming conventional loan limit, so I'm guessing you read $137,062 on a VA COE issued during calendar year 2021 that you came across for some reason and "about $140k" is what your brain stored)But for folks with no outstanding entitlement, that limit was tossed out the window right before COVID, one of my main wholesale lenders is doing $4,000,000 VA loans on up to fourplexes with 0% down as of yesterday (how smooth was that California military veterans relevant plug, and that keyword/SEO drop right there?