I know it's best to always err on the conservative side, when analyzing, but how do you pull the trigger?

Also, if your agent puts less than a total of 6% on the HUD bid, then HUD will consider the bid erroneous, and move on to the next bidder.

So what they do is when someone expresses interest in the property and asks for those financials, they force you to go check out the property while they run off somewhere and try to dig up some numbers that might make sense.I cannot speak for other multiple listing services, but what we have here in North Western Washington, the NMLS, lets agents provide erroneous and unsupported financial information.

Hi Dillon-Any of the numbers you're unsure of, I'd err on the conservative side, including rental income and vacancy.

@Erron Vonner whats up mate ?

I'd rather err on the side of caution and get a loan using my personal title and avoid complications.

I have been investing for awhile and the angle you are approaching this from is erroneous.

I err on the side of holding her to it.

You can probably assume the same on the inside but obviously always err on the side of thinking something will probably need replacing.When you have an unpredictable tenant, even if you saw inside and then made an offer, there is no guarantee it looks like that when you take possession.

There is a litigation law in CA which allows the property owner a year's time to contest in court for an erroneous sale (just in case the taxes were paid but the sale had already been set, etc.).