The importance of a good credit score can never be understated.

Commercial loans are exempt from the SAFE Act and HUD residential loan requirements as well as state residential statutes, but even if you are only doing commercial lending, you may be required to have a license, in fact several licenses, under state law and if you are using investor pools, SEC Requirements may also apply....

Tax assessments are public.Assessments by an HOA to owners may or may not be of public record.However, an HOA is a non-profit corporate structure which under state law requires the books of the corporation to be provided to the public, so a request may be necessary to the HOA.

The current owners operating statements could be under stated in order to make the property more appealing on the P&L.

However, it's a relevant question and I'm curious to understant what are the opinions of other more experienced.Good luck Filipe, and If I can be useful in anything please let me know.Paulo

In those cases, the state rate is either understating the tax rate or providing a composite estimate which can be totally wrong. 

Spend the time to build a strong foundation of understating.

And if you find one with some understating of construction / costs, you will have a lot less questions to ask here :)  But in this business, question everything.

Therefore, if you have already maxed your employer contributions under your full-time employer plan, you will not be able to double up on the employee contributions to the solo 401k plan. https://www.irs.gov/retirement-plans/how-much-salary-can-you-defer-if-you-re-eligible-for-more-than-one-retirement-planAs far as your current 401(k) administrator not understating what you are trying to do (i.e., transfer some or part of your existing employer 401k), one way of determining if your current employer will allow you access your retirement funds while still working for them, is to check the summary plan description (SPD) for the existing plan.

I think the water/sewer is understated.