Much of what I have found says that cashflow is king and that net worth just looks good on paper as cashflow really enables you to live and invest now and banks look more at cashflow and debt/income than they do your net worth (my current debt/income is 14.9%).

Perhaps developing a seller financing strategy that enables you to refi after say, 3 years.

As your renters pay down the mortgages, your net worth increases, enabling you to obtain better financing on your next deal or deals.

I have been listening to a man down in San Antonio that use to have about 15 rental homes and they almost totally broke him when he was able to ask for and get a higher non-refundable deposit,  make the spread between the rent and the debt payment, and often they would make and pay for their own maintenance and improvements, and often they would not take their option and enabled him to do the same thing again.Even though they started out leasing, they tended to treat the home as theirs even though it still belonged to him. 

If you are tight for cash you could just shut the door on the unit that needs 25k rehab and fix it later when you have hopefully made some money.You could perhaps get a better return if you spent that money upgrading the other units and prettying up the property-would that enable you to get higher rent?

I generally use the 50% guideline but not as a hard and fast rule per se.It depends on the potential of the property to perform over time, which enables me to overlook this initial 50% rule stress test as a limiting factor to my purchase.

Account ClosedAbout a year and half ago, my husband and I purchased a foreclosure with a 203k reno loan, which enabled us to roll majority of the major work into our mortgage and still get a house that was flippable at a solid deal.

The small commercial sites are getting snapped up.The passage of this long-planned high-density enabling bill was expected by everyone on the supporting side in early 2015, but in December after numerous delays, the council kicked it back down to the Planning level over a very thin reason that has now been addressed in some 2016 legislation.

In my opinion, a real estate license will enable me to work as a bird dog, making commission on every referral that I do.

Has anyone had experience with 'rent-to-own' or alternative payment structures (local programs, grants, specific lenders, etc) to enable this kind of transaction?