Conditions Precedent: The obligation of the Purchaser to purchase the Property will be subject to satisfaction or written waiver by the Purchaser of the following conditions within 60 days after execution and delivery of the Agreement.Review and approval of the documentation concerning the property;Completion of satisfactory physical and environmental inspections of the Property; including suite inspections.Completion of satisfactory due diligence search and examinations;Satisfactory review of the title of the Property;Satisfactory first mortgage financing being arranged for the purchase of the Property;Satisfactory second mortgage being provided by the Vendor for the purchase of the Property;7.

I'm actually pretty handy with Excell and built a detailed profit/loss spreadsheet to examine prospective properties.

I don't think I've ever examined a fully truthful application.I once had "Mom," as in their mom, as personal reference.

Maybe landlords/property managers just don't care to be bothered with examining vet records (and what is to stop prospective tenants from faking a vet's report...?)

There are ratios for NIBT and NI by industry to the size of operations that can be assessed at a glance by lenders, if you fall outside the norm, either way, the situation will be looked at more closely.If you have a portfolio loan at a bank, you're betting bank examiners will miss it in a loan audit, highly unlikely.

Thus they may show an income of 50k, yet 15k in mortgage interest deductions, for example.I asked him if it was a regional thing or only in Southern California and he said no, the IRS let it be known they are just intensifying examination of interest deductions versus income to see if there is a trend or some such thing.

This will involve sitting down with a civil engineer to examine the plot and determine how to most efficiently subdivide the land and design the subdivision.

There are several methods the court will examine: partition in kind (by actually dividing the parcel into several pieces) or partition by sale (which works like a sheriff's sale). 

I am new to investing as well, in fact I just passed my real estate licensing examinations.

If you start lending on more than 6 loans in a year then you would need to examine further options.