@Brett Richardson I signed up for MB program and I received a ton of value from it.

If you value these cleaners then ask them what they consider the major holidays that they want to be paid exta.

The $11,000 renovation budget presented a clear opportunity to add value.

If a seller has a FHA loan you need to write in your contract that you want to assume the note and seller has to agree to wait for the time frame to make it work (45-65 days minimum).Assumption sounds great but not if there is huge equity (property increased in value thus you need large down payment).

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If there is some significant value ad that you completed to the property, take a deeper look into the assessments and extra values that the appraiser may or may not have given your property.

I’m a Rehab & Retail investor —- Joey  I have been asking BP members this for 10 years and you will get folks chiming in your crazy to pay 20% CRAZY and will shoot it down.. there are those that understand the value proposition folks like us bring.

It actually doesn't matter if you are purchasing for cash or financing - it matters how much the purchase + reno will cost compared to the after repair value.

The $52,000 renovation budget presented a clear opportunity to add value.

The loan was originally based on long term rental value.