The groceries may be a test to either see what you are willing to do or a test to see what you are willing to do. 

More Stringent Lending Conditions: Some traditional commercial lenders, specifically local and regional banks, have been pulling back and tightening their lendingCONCLUSION: Asset prices are under pressure as required refinances over the next 18 months push owners to accept less favorable terms or give up equity to private real estate lendors3.

They will probably accept the offer with that term.

That means we've gone through all the horror stories, scammers, folks running off with money, shoddy work, etc.So you'll probably find few, if any, folks willing to hand those relationships over.My advice would be to test folks out on small jobs and work them up to doing larger ones.

The repairs vs. deminumus vs. capitalized tests all come into service one an asset is in service. 

Here’s a concise breakdown:Conventional Loan: Your DTI is within the acceptable range.

When we screen, we will not accept you if you have ever been evicted.  

Eventually, laws were passed that required the Banks to accept Replacement Cost coverage.Suppose you loan $500,000 on a property. 

I can do a wet paper towel test afterwards and it comes up pristine, but I also have a dog so it doesn't last long :/

@Heather Little short answer it depends.Longer answer: Section 469 requires that you meet both the 750 hours and more than 50% test (sounds like you are aware of this).