-  If so, then that total (for example...monthly debt service is $2,000 and you underwrite at holding for 6 months, then you factor in that you have a total of $12,000 cash that you will be putting into the deal over that 6 month holding period) counts towards your "costs" or "cash into the deal" that you need to factor in, correct?           

@Jose LealI factor in $15k in soft costs and $10k contingency but it will depend on your specific situation. 

Hey Saed,Given your current situation, even though your W2 job isn’t related to your degree, the key factor for FHA qualification is income stability.

it was much easier before Corona.....but since corona its a lil different....for me at least.Also it depends on a few factors....definitely open to chatting

Only trial and error can be the deciding factor – perhaps.

If not, and no other factors (like in a bad area, where a lot of things might get thrown up on the roof; the foundation is moving a lot; ... ) effect it, then bi-annually or when you think you need it should be fine.Feel free to reach out to me/us any time.

Overall, we like LVP for the durability factor.

You're just building a house of cards, stacking risk factors, and hoping that it will all work out. 

I believe the city council or something needs to be involved, it’s an involved process, I would assume it’s a single family & go off that, the fact that it’s been illegally converted to a multi family is not a factor in the success or failure of trying to get it zoned as a multi.

All of these factors can lead to why the property can sit on the market.