They also do not have a proper screening process for tenants.

Rotting window frames, unsafe electrical issues, a tub and sink that didn’t drain properly, a promised dishwasher that turned out to be broken and unusable, a driveway with tons of pot holes so deep that they could have easily damaged cars, and much, much more.

If seller let roof warranty expire or not keep it up then typically try to get a credit from the seller at closing to cover future roof maintenance.Whether a roof needs lots of maintenance depends on if it was installed properly and how many trees are around it.

One of my current tenants in Denver lists the extra bedroom as an Airbnb arbitrage and I was totally okay with that, it's his residence and as long as rent is paid and he has the proper licensing/insurance then sure.

This could significantly increase competition.Technology RequirementKeeping vacancy costs low and high guest satisfaction high will depend upon the proper use of technology.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Yes you can, If it wasnt done properly the first time, it maybe a good idea to have a different accountant take a look.

I believe I can demonstrate that the property was originally used as a two-unit dwelling, which could strengthen my case.I want to ensure this deal is still viable and that securing the proper permits is realistic, as my financial projections are based on this being a multifamily property.

This means the lender must (1) reject any payments from that point forth (2) comply with providing proper notification (3) allow a certain amount of time for the borrower to pay the loan in full and (4) auction the property off in non judicial states.  

(Don't forget to split the 20% to 25% K shows by 50%)His minimum expectations are:20% Annual Net ROI Per Property Per Year8-12% Cash on Cash ROI Per Property Per YearAverage Value of Properties $150,000.00Average Down Payment on Properties $30,000-$60,000 (range between cash flow markets and growth markets)Coordination Fee Per Property of $2,000-$5,000SWAN Account Formation of $10,000 For The First Property and $5,000 Per Property After That (Sleep Well At Night Account)Minimum Duplication of Portfolio: Double Your Portfolio Size Every 5 Years