@Gerry RaeThere is a thread herehttp://www.biggerpockets.com/forums/93/topics/1847...Arizona RegsDisclosures in a Transaction:In accordance with the Commissioner’s Rule, R4-28-1101 (B), a licensee participating in a real estate transaction must disclose in writing any information the licensee possesses that materially or adversely affects the consideration to be paid by any party to the transaction, including:Any information that the seller or lessor is or may be unable to perform.Any information that the buyer or lessee is or may be unable to perform.Any material defect existing in the property being transferred.The existence of a lien or encumbrance on the property being transferred.In accordance with the Commissioner’s Rule, R4-28-1101 (E), a licensee shall not act directly or indirectly in a transaction without informing the other parties in the transaction, in writing and before the parties enter any binding agreement, of a present or prospective interest or conflict in the transaction, including that the:Licensee has a license and is acting as a principal.Buyer or Seller is a member of the licensee’s immediate family.Buyer or Seller is the licensee’s employing broker, or owns or is employed by the licensee’s employing broker.Licensee or a member of the licensee’s immediate family has a financial interest in the transaction other than the licensee’s receipt of compensation for the real estate services.In accordance with the Commissioner’s Rule, R4-28-1101 (F), a licensee shall not accept compensation from or represent more than one party to a transaction without the prior written consent of all parties.NOTE: The above listed disclosure issues reflect only those requirements in the Commissioner’s Rules.

Makes you wonder how long it lasts and what'll happen to "investors" buying today at prices reflecting current NOI...WOW - Crazy times y'all.

As a whole if a sale price for a house around here reflects the condition of the house and is accurate it will sell. 

I agree with a lot of the comments here - that no credit is not as bad as poor credit.In our screening process, we have built "no credit" into our scoring system:They score nothing for the category "credit score"But they get a high score on "payment history"These sort of wash each other out, giving the applicant a "neutral" score that is then influenced by other categories.This has seemed to work well for us overall, and we don't have too many problems with people who don't have credit history - it is often a reflection of good budgeting, especially in older individuals.

Even though we reside in Canada, we simply modified our documents to reflect our local/regional by-laws etc.We already own one SFU rental property and we are considering a second SFU probably sometime  in the next six months as the extra cashflow we are getting from this rental unit is enabling us to put away more money for more downpayments on more properties. 

The ROI will be reflected as to risk after these areas are considered.

"To give you the price you want, adjustment is needed with the terms...If you demand these terms the price needs to reflect it."

It is helpful to create an amortization table that reflects the existing loan as it was made and the monthly payments along with the breakdown of the allocation of interest and principal. 

These homes were built back in the day when tradesmen took pride in their work and felt that their work was a reflection of themselves.

Units will need to be split by "GIS" to reflect 2 addresses 5. 1hr rated firewall must separate the 2 units #5 is the kicker for me.