Depending on the type of property, the tangible property typically represents about 30% to 40% of the property's purchase price.

Define, "investor-friendly" agent please.In our experience we've found that +95% of agents only have experience dealing with owner-occupied transactions - which are mostly EMOTIONAL decision based.You can ID these types of agents easily by asking them:1) If they are RE investors themselves.

Developers and construction companies have adapted their strategies (Build for Rent), embracing innovation (light gauge steel construction) and diversification (new product types) to meet changing consumer needs and market demands.

And if a company needs to resort to hiring him to market their props that means those props are not very good or poor investments  There are other ways to deal with the Clayton Morris types.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Hi, Does anyone have experience with this type of loan?

Make sure to talk to the surveyor about what type will hold up in a court of law (In Colorado it’s a Land Survey Plat). 

We sat down and traced out a plan (i.e. paying down debt, increasing their FICO scores, saving for a down payment, type of home) and in both cases, they were ready to buy in less than a year's time. 

What property types are there in the Catskills, mostly single families, multi or other types?

I agree that Joe's response is accurate.....in Texas (Actually, I have no idea because I'm not licensed in Texas, but let's take his word for it.)However, in Florida, real estate agents are presumed to be transaction brokers unless otherwise documented.