If the proposed loan won't debt cover to the lender's satisfaction then more equity is required which will reduce the cash on cash return, all else being equal.

Then I will imagine myself having the joy and satisfaction of enduring trials and persisting even when the obstacles were too high to jump over."

Just find what you like, be patient as well as consistent.

;-)Use a written application and be patient about finding a qualified tenant.

(and I have a VERY patient wife who believes in me).

We have a number of money back guarantees of satisfaction and have a list of 100% repeat satisfied investors obtaining these high returns on projects we micro manage for them from auction attendance and distressed property locating, contracting and investment due diligence with the realtor before raw land purchase to architectural, legal and zoning design issues, to contractors quotes for the scope of work in the plans, to ultimate award of contracts, coordination of the financing professionals and loan officers at the bank, their appraisal team review, VP of Bank Risk sign off, zoning approval, permitting, title clearance, closing of land, bank escrow of their construction loan to build, 11 months of onsite weekly construction inspections, coordination of all independent City inspections and Licensing and Inspection Dept. sign off weekly to code, and bank construction inspectors authorization of builders draws paid.

First lien holder would not agree to pay, and they can't get in touch with the creditor for the AJ, so they are asking us what to do.I did a bit court research, and found that the Satisfaction of the Judgment has already been filed for this case.

This is a terrible situation especially with the law not working in your favor..You must be a very patient guy.

Likely, you just missed the previous satisfaction.

When you can stop the bleeding and send them on their way as an ambulatory patient while saving them with the opportunity of you being paid for your efforts is usually the right time to buy in any market