Ryan Tucker What do you consider an emerging market?

Or consider an investor for that matter.

In other words, Fannie Mae and Freddie Mac consider an earth home to be living in a finished basement with nothing above grade.

Consider an all cash deal: with operating expenses running 45%-50% of gross rents, if you don't have a mortgage payment (i.e. you pay 100% cash), then the property certainly should have "cash flow".

Do consider an honest discussion with the developer as to possible solutions.

To me, with the additional $100 anyway, also consider an additional damage deposit above the normal maybe split over several months.The wood floors are in less than normal shape and minor "dog effects" like chewed molding, trim and drywall are cheap fixes in most cases.I would do it.Just my two cents pal

My credit has gone down to the mid 6's, so I don't think a lender would even consider an application from me.

Than a few years down the road, consider an investment property when we're ready.In the falling market, our current home will hopefully drop less in terms of actual dollars than the pricier home we're looking at.

I could find tenants for my SFHs with clean criminal records, but that is next to impossible for my low income apartment buildings.Good Luck,MikeSo what would you consider an acceptable tenant for a low-income unit?

You should also consider an umbrella policy if you do not have one.Ed---State Farm did the same to me.