Also do you have a private lender like family who can bail you out in worst scenario?

Worst case scenario check in with @Joseph Chiofalo he just helped a client with niche investor that has no ratio requirement and the unit can be vacant.

The way these softwares work is that you normally have to select some sort of dropdown or checkbox to get the classification that you want.

NY panned out, FL didn’t—and sort of just trusted fate.I’ve long been in love with Hudson Valley/Catskills—SO much is way overpriced right now, but there are pockets I feel strongly are up-and-coming/not overpriced just yet.

So it sounds like the two cousins have to split everything 50/50 unless they have some sort of partnership agreement in place?

I would assume the tenant will have to be evicted(worst case) and factor that into my initial offer. 

But I definitely looking to invest in some sort of software to have a better look at multi-family deals & student housing rentals/development deals.Thank you and looking forward to your feedback!

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

The list can be sort on various investment metrics.

I always just sit on the underwriting process of worst case.