Investors are tripped up when the prior owner changes the use without permitting the changes and in those instances a rental license is not attainable for the new unit counts.

For instance, a customer might be doing a ground-up spec build and we might say "Lesser of 80% of cost or 70% of ARV".

Every instance of sub2 buyers I have seen have been that, chasing rainbows, and with no financial strength to perform going forward.

For instance, is your rental income $3000/mo. and your mortgage (PITI) $3,000/mo., or are you breaking even after setting aside reserves. 

yes it's determined by the politics BUT unless there's gov. changes the way they make the policy is actually pretty 'predictable', most of the time the market guess is correct.At this particular instance however, Fed want to see inflation number going down and unemployment going weaker.

The demand was there in that instance.

If you are looking at protecting your profit, you can have a prepayment penalty, that would be graduated, for instance, you could have a $50,000 prepay year 1, then $45,000 year 2 and so on until you get to year 10 with no pre payment penalty.Also for future reference you can get Fix and Flip loans without having to tap into the equity in your primary residence.

If your approach works for you, alright, but if you say, for instance, that the Midwest has no appreciation, you're objectively wrong.

Read real estate articles in WSJ, NY Times, various real estate journals and magazines, real estate websites3.

., the roofers, the fireplace repair crew, and the carpet installers), there were numerous instances when Bildwise and its subcontractors did not complete tasks in a workmanlike manner.