LTV is where this seems to mostly rear it's head, and that's what your question is in reference to.We can't use made-up credit reports when we feed a proposed transaction into the AUS.

I'm on the fence about putting in a rear deck.  

I see youngsters doing wholesaling but in my research it seems like its not adviseable to get into it without tons of contacts.

If they didn't do that, they would starve when winter arrives.The Future is VERY important.Another analogy I like to use is to Drive your Investments like an Investment Vehicle.When you look at past Data such as previous Sales, you are looking at the Rear View Mirror of your Investment Vehicle.When you look at current data, such as the current Rents and Expenses to calculate your Current cashflows or your Cash on Cash Return, you are looking at the side view... watching the action go by as it is occurring.When you look through the Windshield of your Investment Vehicle, you are looking at the road ahead.... seeing the path that it is taking you... and all the obstacles in the way.You are less likely to CRASH your investment vehicle by focusing on looking through your Windshield than remaining fixated on the Rear View Mirror or the Side Windows.If the bridge is out and you fail to see the bright red warning signs..... if your eyes are not looking straight through that windshield........ you will Drive your Investment Vehicle into the abyss down below.So please.....

As an example, If the zoning requires a 25 foot setback in the back yard and the rear of the property is 30 feet from the property line and you want to build a 10 foot extension, you can have a pretty good idea that you won't be able to.

I called & let a message, hopefully that will save my rear.

Unfortunately, it is doubtful that you could agree to a deed in lieu of foreclosure in advance, but if you strike the financer as a reasonable buyer who isn’t going to be a pain in the rear or a jerk who is going to leverage his own financial misstep into a give me cash for keys, then you might be able to persuade the financer into accepting your sweetened financing terms. 

Looked at a REO once that had plastic sheeting for the rear wall.

Two of the big ones in RE are interest write-off and depreciation.

Now, the basics of income producing RE are simple:You have income streams associated with ownership, andYou have expenses.Income – Expenses = Better be money in your pocket or else no deal.That’s the simple version of it.