In this one scenario a person applied who says she has adequate income.

If the borrower defaults, you are secured buy the property and the value of the property has to be adequate to cover the amount of the debt. 

Yes, you would want proper safety measures and also proper insurance so that you are covered adequately.

More important, find out if the appraiser has adequate access to data. 3.

Investing in rental properties without adequate reserves is a very bad idea.

I have sent many, many hours on BP learning a ton from the experience of others.I have found a property that will have more than adequate cash flow, and is also an equity purchase.

I do specialty contracting with painting(general license, but I only do painting), and I won't provide a ballpark estimates over the phone, because there are way, way too many variables that the homeowners can't adequately convey.

I would never suggest anyone to put themselves in a cash strapped position to get a deal closed regardless of what kind of deal it is you must have adequate reserves and less stress with coming up with cash that you had already allocated to something else until the lender changed guidelines on you at the last minute..

If your retirement utterly depends on having adequate cash flow from your properties, any downturns will cripple you.

Anyone smart enough to profitable flip a house and who is willing to spend the time,  is in control of their emotions and is in possession of adequate data, can price and negotiate their own real estate sale...on the sell side using the MLS via flat fee or discount, etc.