There are standard guidelines and on top of it lender has overlays on standard guidelines.

I was never licensed and never wanted a license.I don't like being held to a "higher standard" lolIt's cool being able to tell Wise that he is a wanker and not get in trouble by the division of real estate for doing so haha.Also, you can market and sell what you own without having a license.PM is a different story and as you mentioned mate, an officer of the company has to be a broker in order to satisfy the division of real estate.We are actually double d#$%ing and have two brokers as officers as the division didn't like that our broker was in Florida so now we had to get one in Toledo also.If only I was a whistle blower, could make a nice buck as I know of at least 2,000 units illegally managed in town by folks without a license or broker.🤷‍♂️ thats why we worked together on deals..  

It’s very unlikely you’ll find a lender willing to provide a loan on a property without homeowners insurance—it’s a standard requirement for good reasons.

While the "type" of neighborhood can sometimes make tenant approval criteria a little more flexible, we always try to avoid making desperate decisions that could lead to future evictions.The rise in evictions that you're seeing could be partly due to landlords lowering their standards to fill units quickly, which might lead to issues down the road with tenants who can't pay rent consistently or have a history of instability.

But they use high level tech....pre screen, self showings, and the 1225 is the standard fee for first month lease up services including them drafting and getting tenant to sign lease..

S8 standard voucher amounts INCLUDE all utilities.

@Rochelle GerberWhat you're experiencing is pretty standard with hard money lenders asking for 20% down, especially in today’s market where lenders are cautious. 

Lenders that would do that already went out of business, and/or stopped offering it, in 2022/2023.To get the 11% lender on board, you'd needing to be looking at a property with vastly more significant upside than a standard ho-hum annual 5% rent increase.A 30% vacant mismanaged apartment building would be an example of where the 11% lender would step in, and ACTUALLY make it to the finish line.What you are looking at right now is someone that's going to garner 20 applications with the hopes of finding 1 or 2, with enough upside, to actually fund.

With rates as high as they are and RTVs this low, I'll probably barely breakeven (if that) if I did standard 80LTV.I like cash flow.

This is typically part of the screening process to ensure that the property meets occupancy standards and to prevent overcrowding.