The issue is it's going to add up because you're not going to win a lot of the auctions, especially if the reserve bids aren't announced in advance.For the taxes, obviously you go to the tax collector's website / call their office.

If buying a 50k house needing 25k in rehab ( consider there is an automatic 10% to 20% added as a contingency reserve to base budget to protect you from expensive surprises once you start rehab).

I once allowed a roommate to move her boyfriend in after confirming her roommates were on board with it and it became a nightmare. 

I see a lot more opportunity to put less money down to have more reserves since this would be my first time getting involved with tenants.

The whole point in having a notary involved is that the process itself authenticates the document and confirms the signer. 

Would they simply apply the roughly 1/3 Debt to Income ratio regardless of the heloc facility one has in reserve? 

The asbestos company representative said, the chances of asbestos in a 1986 house is very rare however it can be confirmed only after testing.Would like to know from experienced people who dealt with this situation before. 

The asbestos company representative said, the chances of asbestos in a 1986 house is very rare however it can be confirmed only after testing.Tenant is threatening that we didnt inspect it ahead of the work and thereby going to court.Would like to know from experienced people who dealt with this situation before. 

But to answer your question, yes, I had to show reserves for each property I already owned, plus down payment funds and reserves for the new purchase. 

If someone is living paycheck to paycheck, or doesn't have any reserves, it won't work.