Higher ARV doesn't translate into higher ROI in any way. 

., having to finish a project by a deadline or else facing a huge penalty when doing a reverse 1031 exchange, or to meet a deadline agreed with the city who will impose punitive fines if you miss it).This is also a good question to ask in a local real estate group such as RIREIG or Black Diamond REI, as I'm sure others will give different answers to this excellent question.Last minor note: Years ago someone told me it's a good practice, if you ARE going to get proof of insurance, to insist that the insurance company send it over to you directly (fax or email) since it's possible an unscrupulous contractor could alter an old certificate to change the date.

Real estate would be infinitely easier if those pro-forma spreadsheets always translated to reality.

if so, then the seller should not be able to alter the contract without compensation.

It makes sense that the riskier you get as you approach non-performing notes, the wider the spreads will be, but even on relatively "safe" performing notes (first position, big equity, high FICO, well-seasoned payment history, etc.) my required returns are 50-100 bps above the offer price, which translates to 4-9% below ask (aka thousands of dollars).

This translates in my head as "How crummy of a tenant are you willing to take?"  

Is the neighbour going to pay for the alterations to your building necessary to enable your building to continue to operate (i.e. meet daylighting and egress requirements) and her/his building to exist on the lot-line?

Since I live in Europe I'd like to ask how this creative investing game translates in the European market and are there any active investors from Europe here.

Our lease has a "no alterations" clause that would not allow for any alterations that are not approved by the landlord.

The amount you qualify for will be altered very little by the score itself, however, the debts you have reported could make or break the deal.Hope this helps!