This information is strictly sourced from investor conversations, appraisal feedback, closed loans, and inbound leads from investors previously working on deals with other lenders***I welcome all criticism and feedback as this is meant to start a dialogue that will help us all better evaluate deals:1.

The stipulation on the 100 mile rule just states that you cannot use rental income to help you offset your current primary while trying to use fha to qualify for a new property unless if the new property is 100+ miles away or if you relocated for employment/job relocation purposes.Avoiding the 100 mile rule is critical whether you're doing your first FHa loan or 2nd because most people that we encounter cannot take two full mortgage payment hits and still qualify to buy (IE they need that rental income offset on the property they're leaving in order to qualify for the new property).

This will free up your time and allow you to focus on more critical aspects of the project.Minimize distractions: Stay focused on the job at hand by minimizing distractions.

I called the owner last night and explained the situation to see what is so critical about December 5th and if they were willing to give them a couple extra weeks if we would show them an accepted offer.

He also wonders if inspectors note and criticize this.

From my own experience, I believe that having a solid exit strategy is critical.

Check in with these buyers every month or so to see if they're still buying or if their business plan has changed.Constructive criticism - Work on your writing.

Mike Wood Yes, I had to call them before any critical construction such as epoxy injections or before weclose walls, 5-15 min inspections.

They are a tenant at will who is also a bad tenant and I don't want them on the property. really looking for advice from the group and really didn't expect this level of judgment and criticism from this forum.I think I'll just consult with my lawyers instead of getting advice from BP members on the topic.

Therefore, a critical location selection metric is that rents and prices are rising faster than inflation.