A whole bunch of C quality duplexes or a few really nice B properties with great tenants?

I told him I would reach out to our group of colleagues to see if there was anything that could be done and I would get back to him this week either with good news or bad news.

No the property's location, quality, current tenants, expenses do not change just because you pay more.

They waived the appraisal contingency, so there is a good chance I'll have to fork over more cash out of pocket than I planned on the make up the difference between the price and what I get loaned.This is a hot area of town, and aside from these issues it is pretty much everything I was looking for in terms of size, location, and quality.

I choose the tenant based on credit and rental history without any set ratios as the quality of applications varies from one neighborhood to the next.

(if you are negative cash flowing, then you probably bought a bad deal).#4  Limitations of stress.  

I have no connection to them and have not used them, but have heard that they have a good quality, well priced and fast reputation.

I currently own a few rentals in different states, but since getting my real estate license i have started looking at family and friends for prospecting new deals as a new agent.I have a family member who has been renting houses for as long as i can remember between her and her boyfriend, but they both have some bad credit due to falling behind a few years back after both losing their jobs and juggling life for a while tell they found new jobs.I am a bit unsure about this idea still due to the fact that i have been running numbers on multi-family homes to purchase in the near future and turn into rentals, but i want to help them if it's a viable idea...I wanted to get your opinion on maybe purchasing a house based on their needs and running a lease option on the house for them to purchase down the road when they have the credit again....Right now they are renting a 3/1/1 for $1200/month and there is a lot of 3bed houses around them that are in the 100k and below that would meet the needs of them, im just worried about buying the house for them tieing up my own money and not have enough financing available to continue purchasing investment properties as my rental income from all my current rentals is my only income coming in right now as i start the career of an agent.

He wants to provide easy credit to people for homes again, he also wants to help people with bad credit scores due to foreclosures (I guess if your mortgage commencement date was between 2006 and 2008/9?)."

Make no mistake I am not speaking about the handful of terrible agents that can give us a bad name.