Your experience may indicate otherwise which makes your decisions impossible for me to comprehend.

We look at this metrics (among others) as fundamentals that very much so indicate a healthy market (healthy location) where not only there will be high demand for rental units but renters will actually be able to pay rent and even pay a premium for more modern (or renovated) units, giving us the opportunity to add value to our properties that way.I hope this helps.

I am assuming this property is in Kansas, where your profile indicates you are located. 

Analysis:Rental of the Property Applicant Occupied Prior to the New Loan Use the prospective rental income only to offset the mortgage payment on the rental property and only if there is no indication that the property will be difficult to rent.This rental income may not be included in effective income.

If I can’t obtain it I use the percentage indicated.  

Your questions indicate you are very far from even a basic understanding of this topic. 

If the seller has any indication that they can get enough to cover the mortgage balance and commission, they will not short sell. 

This would indicate 2 contracts between these two parties.

If the PCR report indicated any issues such as the plumbing not holding pressure, you will not be able to get the water turned on.

And if it’s “timber to breakeven for 15 years because I think this is were the path-of-progress will take growth” is yet another educated risk/reward decision.I just cringe when I hear a rookie say “buy land” because (to me) it’s indicative of a.)