-------------------------------------------------------So with the 1-2% rulemy 230K Duplex is 1.4%, I am now full leased in 8 month rehab 11 % cap30K Duples is 5%, client has tons of headache with eviction and breaking even in 2 yrs, and had tons of Renov, repairs and fines20K Duplex is 6%, client has not yet seen any return 1 yr now, minus renovation of -$20K

If by some chance the borrower has obtained a recent appraisal from the same appraiser or appraisal company the lender uses it might be a lucky break for the borrower.

Or break out the check book 

@Kai HicksOh, believe me, my husband and I can TOTALLY emphasize with you on two fronts: 1) We only rent out homes we would live in and try to give our tenants someplace they will feel good about living and 2) Elderly are our weakness (my husband is a contractor and has given lots of breaks/free stuff to the grey hairs........yeah, I know.....DISCRIMINATION!).

We have break lease clauses, deductibles, etc.

Now the tenants tell me that they are breaking the lease ( I'm fine with it), but it I guess I'll never get my 3 months rent plus deposit.

Plus, if delivered to the customer, there will be a "break even" point, where they have now paid the  purchase price.

I have had some reservations about getting started in the past but I am finally breaking out of my shell and realizing that there is no time like the present. 

I had a burglar break-in 3 weeks ago at a flip house! 

A store doesn't charge you an extra $500 because you might trip and fall and break your neck and become paralyzed when you walk through the door.The management companies are going to buy liability insurance for all their business anyway.