Either way, I'll subtract the bill for cleaning the carpet from their deposit.

While all of the above is true and good advice the easiest way to avoid lending scams is to deal with the handful of really knowledgeable lenders that regularly post on BP.

-economic vacancy rates (real vacancy + non-collectable rent and related income) -turnover costs between tenants (normal ware and tear costs painting, carpet cleaning etc.)I would also echo time tends to be under estimated and very costly.This post is only my personal opinion.

i bought all of them, and mixed with buckets of cheap white paint to make nice soft lavenders and other colors...i had home depot intall the carpet and i threw a granite slab in..i even bought the appliances off of craigslist..i laid down some floating laminate in the kitchen and tile for the 2 baths...i spent maybe 2 or 3 days cleaning the place as well!

If they still make them work (i.e. paint,clean, ect.) and pay and affordable mortgage, then I take back my negative comments.

Carpets need cleaning, stretching and smoke smells removed.

The kicker to me is that they don't have a HOA or any governing body that meets regularly from what I can tell.

.- Duct Cleaning.

You will need the apartments to show usually 90% or higher occupancy with stable rents for at least 6 months to a year to get financing for a regular buyer.

We also have online property records so I regularly do a search for properties taken over by the city.