I was browsing through San Bernardino State University's Real Estate Degree Program and noticed that some subjects align with those I've studied here in the Philippines.

When all factors  are considered in totality, the applicant's 2.7 income factor may be a "safe" risk, but if the other factors indicate a problem with this applicant's qualifications, he may prove to be riskier than you should permit.

Study the market.

Having to add it later would prove even more costly. 

The key is getting the education, studying it and eventually learning through experience. 

A few years back, I was asked by Airbnb to take part in a worldwide hosting study and, as a result, they shared the conclusions with me.

Again, I have multiple emails to prove that.

😂 Hey @Jonathan Child , from all my study, people advocate getting a c class property you can value add, are you saying this isn’t a good idea?

If its a total gut, that changes things...but if it's bought right...Rehabbing will likely be your best bet. new builds set the price premium in every zip code I've ever studied. in addition new builds don't take 9 months. we just built a house in 60 days. we wait till permits are approved and shovel ready, investors buy land cash, entitle, contracts, negotiate with financing, place financing when we are ready and break ground. but we build the same over and over and don't go outside our Floorplans  

Sorry if I'm a little cynical, but by all means good sir call my bluff and prove me wrong, I'll be the first to eat my words if that's real.