The person who shared me the list charges a mere 1%.

It’s merely a discounting factor to account for operating expenses of a property.FHA self sufficiency rule applies to 3-4 unit properties only not 1-2 unit FHA properties.If you have a non occupant coborrower in a 3-4 unit your min down payment also goes from 3.5% to 25% down so basically you’re going to want all occupant borrowers to qualify on their own. 

I don't know about you, but for me personally, I will trade $1600 for $28,000 as many times as you will let me.  RE

I am merely pointing this out because I've gathered since becoming more immersed with BP that most investors equate completing a BRRRR as a success story and are prioritizing return of capital over other underwriting inputs that offers a more meaningful look into the properties realistic profitability.

@Carini Rochester life insurance companies get rich off of policyholders buying whole life and universal life policies.

Sure, if you are a super experienced investor or work at a fund, you'll have a good idea of your WACC and will use that as your discount rate, but for us mere mortals picking a discount rate seems like a shot in the dark.

My electrician merely said "need to put breaker box on new wall and rethread everything to it".I actually had an electrician tell me "house needs to be rewired" on a house that had been rewired 3 years earlier.

The good news is the house was listed on the market merely a couple hours after we spoke, but it's all back to square one at this point.

I merely stating that it is difficult for someone who knows nothing about real estate to be able to know the difference of a real mentor that would add value to them or just someone that makes their living charging newbies $20k a pop "to get started"

Thus landlords who have patiently waited since summer for a mere court date are once again taken advantage of so tenants handouts can be extended one more time.On the back end of all of this is screening criteria will be much higher than before.