Credit score must be a minimum of 600.A background check will be conducted on all applicants over 18.

By buying Stocks they have limited themselves and tied up their investment money in a poorly performing asset.

if there were true artificial intelligence, then i don't think any of us would have a job anymore, except for very limited number of people.

Right now all I know is a sales agreement and a limited power of attorney.

Cash-on-cash is your only metric here that may matter, and it's simply for comparing properties side-by-side and asking what the best use of your limited dollars is...Anyway,Your closing costs will be closer to 2% of the purchase price: $5,800 (unless the seller is covering this...if so, good job)Repair cost of $1,000 won't do anything...contractor fees will eat 50% of that...if you are renovating, you need to renovate to drive rents...$4k per unit will maybe do paint and carpet...a few fixtures. 

This would factor in for your long term goals and your ability to only acquire a limited amount of properties in your own name. 

For purposes of this provision, “diligent effort” includes, but is not limited to, timely furnishing all documents and information and paying of all fees and charges requested by Buyer’s mortgage broker and lender in connection with Buyer’s mortgage loan application.

Hurting your financial situation to help them out has its limits. 

i would treat them like a new applicant

If you are looking for a duplex closer in the Austin city limits then cash flow is not going to be ideal.