Also, I think these prices reflect the down economy and real estate market.

You can buy as you described.Since this is your father, you can use a quit-claim or a special warranty deed, but, you need to modify these standard deeds to reflect the interest conveyed.

In my mind, this change in the "mix" of properties being sold in varying conditions - even though they are the same addresses that are being bought and sold - are making significant impacts on home-price indeces that do not truly reflect an overall increase in housing prices.

But depending on the kind of tenants I have, that would reflect on how I do my rent increases.

MAX DTI is 50% Up to 45% DTI you're required to have 6 months PITI reserves, 54-50% you're required to hav 12 months PITI reserves You're down payment on SFR's will be 20% and 2-4 Units is 25% Income for properties not yet reflected on your tax returns will the income factor underwriters uses is; rents x 75% - PITI = net income.

Your approach (buying and marketing) should reflect who you intend to sell to.

@Ryan SteeleActually I think you are correct about the codes.I am finding out that some areas are stricter than others about using licenced contractor and that seems to be reflected in the amount of sales that have some kind of work orders attached to them.

The message here is that the improvements did have some value that was reflected in your purchase price.

If you were to consider, we would have the commission reflect the time period - 1/2 commission for six months in this case.

If you find you have an etra $1000 a month, you can ear mark $500 or so to be applied every month to your loan balances (which accelerates the pay-offs - which it reflects in the projections).