I also ask followup questions and provide them with more information about our management style.

Deal 1: 4/2/2 SFR Nice quiet neighborhood, easy rental or owner finance area, low DOMPurchase Price: $115kAs-is: $115kRental ARV: $150kRepairs:$12k....0$ if the current tenants stay which they plan to do and have been there 7 years (I hope to wrap and OF to them)Flip ARV: $160Repairs: $20kRent: $1200 current, $1450 marketTaxes: $4000Seller will carry 25% = down payment on conventional loan.Deal 2: 3/1.5/1 Garden Style Townhome, possible section 8 rentalPurchase Price: $95kAs-is: $95kRental ARV: $110kRepairs:$20kFlip ARV: $130kRepairs: $30kRent: $1495 top of marketTaxes: $3300Seller will carry 25% = down payment on conventional loan.

One is a 60 unit b class property in Ft Worth TX. 80's build, townhouse style property in a nice old money neighborhood of town and close to a medical school.

Meth production houses actually have been proven to environmental hazards. 

As a result many of us are forced to adapted a management style designed to avoid going the route of evictions aside from non payment of rent.

You would get a letter of environmental protection which would allow you to rent to families, but it says you did illegal deleading and got caught.

If you do receive a commercial/portfolio style loan the rate and term will be very different. 

Skate roofs are known to last over 150 years unlike today’s environmentally friendly shingles that start to peel up after 15 yrs

However, if you are receiving a commercial/portfolio style loan (meaning the money comes from the bank) then maybe the lender just has that rule on their loans.My Current Underwriter - So who's your loan officer? 

(Based on the style of house, I think I know the neighborhood) What would you rate the chances of a successful foreclosure?