They may require docs such as a copy of your soft credit pull and a bank account balance showing funds.Note however that a pre approval is not a commitment to lend.Cheers.

This is where the soft skills come into play.

In the short term, I am a bit bullish on the house prices in the Bay Area mainly because, of the low interest rates (easy money) have been driving the demand and this will most probably be the case for the next couple of years and mainly will drive prices up for the lower to mid level homes, the more affluent homes may see a bit of softness mainly because a good chunk of folks who usually buy those houses are tech and they are probably considering moving out of the bay area.

They are essentially betting on you as an individual will not only follow through with your word to execute this business plan, but also that there won't be another pandemic shutting down the economy, a soft landing for a coming recession, real wage growth to grow with increasing rents, no additional restrictions on landlords to remove nonpaying tenants, AND that the real estate market will keep humming along as it has been, increasing in value each year.

Apart from these percentages, healthy cash flow (i.e. income at least 1.5x monthly expenses) and the wiggle room to afford a visit from a handyman or a vacancy here and there are both soft metrics that I would focus on. 

The difference is that your duplex, you can just hold for 30 years on that nice fixed rate mortgage if the market is soft next year.

Yes percale weave isn't as soft.

These represent the soft underbelly of note investing (and hundreds of percent ROI in many cases, for a lot of hard work).All notes involve some amount of risk that can scare the daylights out of you with the endless horror stories.

In our America, with black guys using magic no-shave powder, bouffant and limp-locked blonde and mouse-brown-haired men who get away with one careless swipe at their whiskers with electrical contraptions, and Asian/Latino guys who are actually able to successfully use a dab of the perversion called "shaving gel" to remove the irregular wispy growth from their baby-soft-skinned chinny-chin-chins, the grim morning ablutions of the true warriors of the beard now often pass unremarked.Dang!

I have largely been burned by tenants who had low credit scores who I went soft with and let them move in.