They are never under oath and will say anything to get their desired result.

There are certainly times when showing a home before it's complete is the right thing to do (we sold 2 of past 3 houses when they were torn down to the studs), but this is the exception, not the rule.Most times, showing a house before it is fully completed will result in losing the buyer and not having a chance to recapture them (hard to change a first impression).

You'll be looking at maturity distributions of performing assets, matching up cash required with expected receipts.

That may result in them pulling the loan.

Post the results here and I hope you can come back and prove me wrong!

I saved around $600 on the roof by buying around 20 bundles of roofing from the local Habitat for Humanity Restore that the roof contractor was able to use and match...Actually, overall the roof came in more expensive than I thought it would...I had only budgeted around $175 a square...The electrician who worked on the house works for a commercial electrical subcontractor and moonlighted for us for around $25 an hour.

Definitely not ideal, but no one has been an ideal match so far.

LOLWork on your first one and get that down pat.Yes over time you can minimize costs and pump up the profit numbers each year over the 50% guideline.When you go to sell the new buyer will be looking at a lot of deferred issues resulting in a lower price.The bathrooms and kitchens and mechanicals will need replacing at various times.I see this all the time where apartment owners show healthy returns over the years but when I look at it I can see huge costs in needed repairs going in.These repairs if you tell yourself are not a big deal will take away every ounce of future cash flow for years from your projections.

Only one example of the vacancy rate, if you have 12 months assumed as 100% and one month vacancy you have 8.33%, two months vacancy result to 16.66%, so dont plan with only 6%!

If you do a bit of research you realize these companies came up as a result of big banks undoing of the mortgage industry.