I work at one of the 100 biggest companies in the world on the finance side, and understanding the financing guidelines/being able to speak to bankers confidently has been vital to my success.

But nonetheless, thanks for sharing this vital and interesting information.

Fake reality shows have made everyone and their brother think staging is vital.  

They are acting as an agent without the laws, ethics requirements, education, and insurance that are vital IMO.Ask yourself this: if a property is REALLY worth 100K WHY would they sell it for 70?

So vital people do this, look at them every day, rewrite them every day and have a plan of action to make each come to fruition. 

I may be missing some vital numbers but will provide what I have at the moment:2400 Sqft, Townhome, 3Br, 3.5 Ba, 1 Car garage, DeckPurchase price: 360k Comp Sales : 390kDown Payment : 90k (98k Closing costs)Rent-o-meter for this neighborhood : ~$210010-15 min commute to Reston, VA, (an up and coming tech hub in this region), Realtor says its a "great area".Monthly Payments would be $1700 after taxes/insurance/hoaI thought $400 was a decent positive cash flow, but I failed to factor in vacancy, and other costs.

Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation.

Originally posted by David Breitzmann:Here's where knowing a neighborhood is vital: If you can show that the market is turning and the average DOM is climbing it may be appropriate to view the 2005 price as appropriate.

They will communicate vital info between the borrower and beneficiary.

Texas is preseason #3 next year according to Vitale!