Frequently comes with an entitlement attitude.It's a bit of a downward spiral.  

You will have some credibility after having kicked out the dealers - use your credibility to set the block on an upward spiral.

Credit card are a problem... i think he has a whooping 20k-30k credit card bills with high interest... where he can barely pay the interest every month... it's a deadly spiral for him- credit is ok... he does not have bad payment history, but because he maxed out his limits with the cards, credit is in the low 600s- we can figure out something for his downpayment 3.5%, but he can't put anything substantial down- his debt to income ratio without cards and cars would be  40% (right at the limit of a VA loan)... with all cards and cars it's 60%+He would not mind at all a high interest rate.

300+ business cards, and a way to take info down quickly, good old spiral pocket notebook and a pencil, or electronically, although I find it difficult to organize my spur of the moment thoughts electronically.

otherwise, it's a downward spiral with vacancies.

But could something else happen, could a flaw be found that spirals into a "crash", who knows. 

It's a deadly spiral with no end in sight for many of these towns.Some of my clients that live in these areas have seen them die off over decades and now want to invest commercially into warmer climate states for retirement.

(And WHEN that mountain of "toxic debt" might ultimately "spiral- out," and the entire edifice IMPLODE, is anyone's guess?)

Hi @Nilofer Sickander,Three things to consider:1) Like @Russell Brazil said, mortgage inquiries are not treated the same as credit inquiries. 10 credit card pulls a month = credit applicant on downward spiral = high risk = FICO dump.

Maybe you could still get a nice roof deck using the "traditional" layout of living at ground floor and beds on second with an internal stair through the bedroom level and up as well as an external spiral stair from an outdoor patio.