Sponsor experience and wherewithal and liquidity are important factors in these deals in my mind..

(I know, but it happens)Analyze their credit report and if you feel comfortable, do a background check and make sure their criminal history checks out.Another key factor is employment history.

Whether it's a good, mediocre, or bad deal rely on a lot of factors.

The problem, with what I'm willing to out in I'll be at a 60% loan to income ratio with the set expenses factored in.

So far lenders seem to want to know that there is some level of experience level in that specific sector, and if not then other factors have to considered and maybe concessions made.

I'd like to create a system to rank different geographic areas based on certain key factors.

They invest based on experience, track record, ability to execute, integrity, underwriting, and property and market qualities. 

With my $865 PITI, I'd cash flow about $430ish before factoring in expenses.

The tenants are adamant that they are allowed to leave on Sep 30, while I believe their move-out should be on Oct 31, after factoring the 30-day notice which requires them to pay rent for the following month since we're already one week into September.Here are the salient clauses in the contract that we signed.

So when you know all that factors you will figure out your next step.