Lender underwriting process is big puzzle to me.

It’s a lot easier that way and your personal emotions don’t become involved.I see it more like a puzzle.

The only rule is that she must remember something that was discussed or she cannot come back with me.The other day, she spent a few hours working on a mental puzzle game thing.

Also, rates does not dictate the whole scenario, it only plays in part of the puzzle. 

@Marc Estepa, Your friends have every piece of their puzzle together. 

I recognize that seeing the 2019 numbers on the actual property one is making an offer on is the best way to know historical rents for that given property, but I feel like there must be a bit more to the puzzle. 

It sounds like you have a lot of pieces to the puzzle but just haven't put them together yet.

Hopefully thats the last piece of the puzzle before I’m confident in offering on deals.

Hello everyone, Im puzzled at the moment as the answer doesn't seem immediately clear to me however while researching how much value individual renovations bring, for the most part they all bring a below 100% ROI , thus for example a minor kitchen renovation was bringing in 75% ROI, therefore if I spent 20k on renovating a kitchen then I will receive only 15k in added value to the overall resale value of the house.

Since we don’t “chase” deals just to “do a deal”, (we don’t NEED the resultant “transactional” income to keep our operation running), we are much more selective; if a piece of the puzzle doesn’t fit our risk/reward criteria we “fix it”, or if need be pass on the deal.