If I was cash poor, then I would keep more in reserve since a large outlay could be catastrophic for the finances.

I know this will disappoint most BP forum readers who have been taught they can live behind a computer screen and make sound investment decisions based on zillow zestimates and the number of available rental units at any given time.

If you don't want to accept them, you could tell them you are waiting to see if you have other applications to make a final decision so as not to turn down the only qualified application you have, then risk a lawsuit.Here are some ideas to check:- Does the town limit the number of unrelated people living together?

The best initial cash flow markets are typically in markets with historically poor rent growth.  

The customer who lacks authority to make the ultimate decision.

The heirs do not.I personally, don't ever mail to the heirs because they are not the decision maker.

Poor insulation and single pane windows will raise that cost to run the furnace quite a bit so you might want to see where the break point is for upgrading.The biggest issue is power outages in the winter.

But if you prefer stability and want to minimize future risk, the conventional loan provides more certainty.Ultimately, the decision depends on your cash flow needs, risk tolerance, and long-term strategy. 

Don't rush, think it through and make calculated decisions with applied faith!

I can see these criteria shifting significantly as I become a more seasoned investor, but for now, they're helping me feel less overwhelmed about my decision-making.