Quote from @Alecia Loveless:In my instance there ended up being other disqualifying issues so I just said no.This.There is often a correlation between these ESA scammers and other things untoward with their situation.EDIT: Not sure why the quote is not showing on my posts.

In most instances the lender will be focused on the contract price.

See, it's not truly about lowest $ down, and actually lowest $-down can be a very bad thing in some instances.

I've been very involved in this forum for a long time, and I can't recall too many instances where this community has been negative towards notes.

Does tenant need to handle the small amount of landscaping outside of parking lot, for instance?  

Take for instance an “A” located 1 +1 duplex where units rent for $2,000/m and compare the building to an identically designed “C” located 1+1 duplex in the same market where units rent for $1,200/m.

Markets in the Sunbelt—like Birmingham, AL, or Chattanooga, TN, for instance—offer far more favorable rent-to-price ratios, so you’re more likely to find cash-flowing opportunities there than if you constrained yourself to NJ.You also make a good point about the BRRRR approach.

For instance my 90 lot subdivision at one point I had 90 legal descriptions and parcels on one master deed.. as I sold them off we just deeded them out separately.. its super common especially in older platted cities were lots might have been small like 25 X 100 and someone bought 3 of them and then built one home on all three.. some places they force merge them others you can go back and recreate the Old lots of record.. there is millions upon millions made by those that know how to find shadow plats and bring to life underlying parcels.

Also having a higher proportion of revenue generated through the residential component of the building does make financing easier. (3) The exception to the 80% rule I abide by is when the commercial space is leased to a credit tenant with a proven & sustainable business  or where the space presents the opportunity to attract a neighborhood amenity F&B operator (this is most beneficial in instances where you have a larger localized portfolio where these commercial tenants can positively impact the value of your overall residential portfolio).

For instance, if hail damages your roof, you’d receive payment based on the roof’s current value, considering its age.Replacement Cost: Covers the full cost of a new item.