They aren't votes that you're talking about, Sam, but influence scores.

If I could substantiate the possibility of post foreclosure action I would have a selling point with this guy.

If the deal pencils out with the increased maintanence and again assuming the rents are correct this is a deal.Your biggest challenge will be coming up with the funds for the renovation of the fire-damaged unit.One other thing... in most areas the level of attention you are going to draw renovating one unit of a commerical building, especially one that had a fire may end up costing substantially more then you had planned.

50% is for EVERYTHING, including:-Vacancy if run properly-Capex-Repairs-Make-readys-Utilities-Etc.Note that varying policies to "all bills paid" or other gimmicks will influence the rents you can charge, so the end result will be the same. 45% is more accurate then 50% from my experience, but dividing by 2 is easier and more conservative.If you are looking at single-family residences you are either going to have to:1.

I've written about this many times on this forum and other places, but long-story short, YOU need to make sure that your appraisals will come in high enough to support whatever purchase price you can get from a buyer.There are many things you can do to positively influence the appraisal -- even with HVCC appraisals -- so let your agent work on getting you the best offer possible, and you make focus on getting the appraisal to support it.

The student rental influence is important.

Your income may not be that substantial but FHA loans are made for lower income.

A new appraisal and proof of other comps at a higher rate dont influence the bank on what to loan?

For anyone with substantially less than that it is still possible to breakout a lot of the assets with short life spans.

No where in the SAFE Act is thgere any distinction of real or personal property, if the dwelling or any lot which is intended to be used for residential purposes is secured by the financing provided, it comes under the influences of the SAFE Act.