If you are looking at distressed houses that need rehab, and use the GRM of a house that also needed renovation, it is hard to get an accurate picture, since the sale price reflected some scope of renovation that may not be comparable to the house you are showing.

1) Create a new term sheet that splits up the equity between yourself and your partner in accordance with their percentage of ownership. 2) Decide who will get what type of financing - if one person wants fixed rate financing while another prefers adjustable-rate financing, it's best not to mix them together because they have different risks associated with them; 3) If there are multiple investors, make sure everyone has an updated agreement reflecting the changes in ownership percentages; 4 ) Have a conversation with the person who is going to be taking over the loan and make sure they understand what type of loan they can afford to take on.

As a result, he's saying he can't use any income from these properties, because it's not reflected in my tax return.

The definition of racist is this: "having, reflecting, or fostering the belief that race is a fundamental determinant of human traits and capacities and that racial differences produce an inherent superiority of a particular race" - Merriam WebsterSo actually Jim did not make a racist statement, not a word about one race being superior.....at worst we could call it prejudiced or biased......

The property manager failed to report on the declining micro-market changes where the property was located and so the sales price reflected that reality.  

That’s why the IRR doesn’t always measure the return on the initial investment.When looking at a “good return” you simply want to ensure that your return reflects a sufficient amount based on the risk of your investment.

That can be done quickly if you have the funds and reflects very quickly (within 30 days of lowering your balance you will see a higher score) Another short term/quick move is to impact the average age of your accounts (higher average = better score).

Most appraisals reflect value based on a couple approaches i.e. income approach/sales approach/cost approach however they will hang their hat on the sales comparison approach 99.9% of the time.  

Although the price leap seems unlikely amid double-digit unemployment, you can plainly see that this trend reflects the uneven effects of the coronavirus and its economic fallout.

@Lisa Alexander You should continue your search (perhaps broaden the area that you're searching in) and scrutinize/analyze the deals you find as best you can, interest rates continue to hover near all time lows which is great for buyers though the market is still hot and prices reflect that.