Hi There very excited to be part of this community, This is Williams Herrera a IT Engineer looking for the financial freedom, hungry to learn how to become a REI, I have saved 40k for my first deal but before that I would like to learn the most to minimize the risks and be able to get my first big deal.If you read this post please, share with me some advices and tips to get immersed in this RE world. 

Given that many tenants will make their car payment before their rent payment, we’ve copied the mortgage industry’s method of debt-to-income (DTI) ratios.

I laughed at it him because it was so obvious that car would already be in Conencticut.

Are we talking 10k for some hand waiving and reviews, 30-40k for the engineering reports / planning and submission, or 100k or more.

Hey John, I used be a construction engineer and installed LVP in own house. 

The fact he is not selling and not offering to LP, means he is doing okayWhen LP throws money to GP and especially when the cap rate trend is declining AND spread between 10y yield and cap rate is declining, LP is already losing money.I would say LP that invest in 2021 is similar to those car buyer that purchase new Jeep , asset value tanked immediately the moment they are participating in.

Currently I am an Engineer, so I do make good money.

On the foundation I would have had a engineer come out if you had concerns.

Ask the planning group to look at another subdivision plans and also ask the engineering firm for a similar set of plans to look through.  

Ron, Thank you for the input. i like the car check thats something quick and easy to see as a indicator of how they maintain their lives/ belongings.