Then we just added fun smaller items that we found all over the place.

Unless it’s an emergency, give 24 hours’ notice and show up at a reasonable time.End of Lease: Handle Deposits Like a ProYou have 30 days to return the deposit—or send an itemized breakdown of what you deducted.If the tenant ghosted?

I think you loan officer is referring to line items F & G, which are prepaid property taxes, interest, and insurance ($15,094).  

Investors should also call the city or county and talk about permits and other items of concerns.I also mainly agree on other points, such as low value real estate agents (Most of them).

I think several factors went into being ready: 1) I had 30k cash savings to buy a property and have enough left over as reserves, 2) I had a Roth IRA that I could access if I really needed it, 3) I had several credit cards with 0% APR in case I really needed it, 4) I felt much better after having the inspection and knowing that big ticket items were ok and that I only need to focus on primarily cosmetic work, 5) I was working full time as a PT with good income and my persoanal expenses were low, so I knew I could support myself financially, 6) my significant other was supportive of me.I hope this helps! 

As investors we take in count all those items.

Three other items to overcome. 1.  

If for some reason it lapses and you are not aware of it then something like this happens you can still hold them to the binding contract so that you do not have to cover the issues/expense of items like that as you mentioned above. 

After factoring in those two items, my real estate portfolio won hands down.

Velocity is known for flexibility in credit and other items.