smh.His reason for calling me racist is based on the information I posted on another thread on this website about the warrant for a guy in Colorado with the same name and same phone number.

Ask ourselves, does this even warrant a site visit. 

The difference in your monthly cash flow when comparing a 4.5% and 4.75% interest rate with a 30-year term is just not very much, and usually not enough to warrant putting down that extra 5%. 

He needs to understand that this is going to likely be the largest investment you make to date and your questions, no matter what they are, are warranted. 

Sometimes there are other borrowers who are not easy to work with and consume too much time from the lender which effects their ability to properly support other clients.Sometimes, the borrowers deal is not that good and doesn't warrant a ton of time.

That said, is the GRM a good way to do a "down & dirty" analysis to determine if a deeper dive into the numbers is warranted? 

@Aaron Vargas and @Wayne Brooks Also be aware that if you can finance the condo that there are hundreds of condos in the state of Florida that will show up on the "non warrantable" list on Fannie and Freddie's website. 

Properties that are going to work for the strategy, wont typically qualify for conventional financing due to condition, so you would be primarily looking at hard money in most cases.But, if you are looking at condos in SE, you are likely looking at non-warrantable condos.

It's no different than me hiring ABC Plumbing to swap a water heater, minus the affiliated business relationship.That said, the services rendered by entity A for new entity B should be accounted for in the form of inclusive services... services need to be costed, warranted, insured, and held to the same standards you'd expect from a non-affiliated contractor. 

@Steven Slivinski  A couple small nail holes in most states would be considered normal wear and tear, and in no states would that warrant replacing entire $10,000 cabinets (just wouldn't be considered reasonable).