Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Things like documents stating the change in officers of the LLC and address of correspondence.

@Philip Jones we've helped our clients do over a hundred.As some of the lenders posting have pointed out, the challenges are:1) Property value and corresponding loan size2) Appraisals have much better comparables than 5 years ago, but may still be an issue.3) Property condition can be an issue via the appraisal4) Ownership seasoning - most lenders looking for 6+ months or incredible documentation for cost of improvements made.5) Most DSR lenders require professional property management.Always try a small local bank or credit union, but most will expect you to transfer your business bank accounts over to them. 

@Sanil Subhash Chandra BoseRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

However, there is always a lag of 2 to 5 years between price changes and corresponding changes in rent.

Shawn is actually CC'd on all my correspondence with Mimi, so he's definitely aware of the issues.

This severely subpar customer service, lack of timely correspondence and initiative from Alan Kirkham should be unacceptable for a company that claims to be top notch and superior to all other CPA / tax advising firms and charges clients a ridiculous $25k fee for their 'all-inclusive services'.

Those funds spent with the corresponding improvements completed will qualify for tax-deferred exchange treatment and those that aren't will be considered taxable boot.

I have waaaay more debt than you and have to deal with inevitable corresponding challenges, but sleep well:)

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.