I expect them to try to take advantage of me that’s why I am three steps ahead of them at all times Dennis, does it help if, when you talk to them, you always make it about "Us versus Them"?

Maybe you‘ ll get lucky and they’ll just stiff you on rent versus damaging the place then leaving, costing you way more. 

Versus about $20,000 to have hauled off.We updated our financial numbers since we now had actual quotes for the buildings, concrete pads and road. 

Agree with @Nathan G. you need a credit report that shows all of the details not just the summary statement(s).There is a big difference of owing $550 on a $500 limit versus owing $25,000 on $20,000 limit for example.Also, detailed reports show how many times late, 30, 60, 90, 120 days etc on all accounts. 

The down side of 1099 can be less net income on your taxes, but lenders can also look past "real expenses" versus "business expenses", especially when it comes to depreciated items and bonus depreciation.

Its a tough market to break into to.New versus existing property is about twice as expensive. 

It could also be a way to establish that the contractors in question is an independent contractors versus an employee.

Maybe this RE portfolio has greater purpose in 5-10 years versus just the monthly cashflow it may bring in today?

What you consider good versus what I consider good could be 2 different things so ask for the data and form your own opinion.

@Eric Schultz I'd wager on that...I recently bought a C-class 10-unit at $26k/unit...$6k reno per unit...rents at $650/unit almost entirely fixed income folks that will die in their unit, 15% operating expenses all day long with $180k loan balance and a $450k appraisal...and I have 2 more in the queue...and can do 1 of these deals a year.