I really appreciate the clarity on this subject and I hope others will be able to learn from the mistake I made!

I've been following the forums for some time now and I would love some clarity about how investors are 'running the numbers'.

It isn't so much of a "they take you under their wing and show you the way" as it is you are on your own as an agent when you know what to do, and anytime you're stumped or need some clarity on the next move, they are just a text or call away. 

For clarity, I still have a box of baseball/football cards as I idealized Bo growing up. 

When the money comes in they do what they can to catch up on payments.From my "Credit Literacy" PowerPoint ...FICo – 5 elements:•Payment History – 35%•Utilization Ratio – 30%•Age of File – 15%•Age of oldest account•Average Age of Open Accounts•Mix of Credit – 10%•Inquiries – 10%Vantage differs a bit ...Vantage – 6 elements:•Payment History – 32%•Utilization Ratio – 23%•Balances – 15%•Depth of Credit – 13%•Recent Credit / Inquiries – 10%•Available Credit – 7%(Percentages rounded for clarity.) 

Clarity is key.You don't want to leave the viewer in the dark.

So I am having a little trouble getting clarity as to how I should finance this home.

Mike,Thank you for the clarity.

I just need some clarity here...

A contractor is only human, and by taking the time to get all agreements in writing, you’ll have clarity in the event that a disagreement crops up later.Work with licensed and insured contractors – Licenses and insurance are common business expenses, but too many contractors are running around without the necessary licenses and insurance.