I think you hit on that posters  proclivity for idiotic responses..So my guys and gals run the credit but Fico in of itself has no bearing.... what has bearing is1. criminal2. evictions3. work history4. how do they pay their little bills  IE cell  utls  etc etc.when you move into the realm of C class there is a reason these are C class because they have C class renters ( which many are really D's LOL )  anyway.. so their credit issues come right along with them.getting C class tenants that are not govmit subsidized to pay on time is a challenge as many simply don't have checking accounts and can't get them .. or are hispanic and don't trust banks.Good luck with it.  

Your co-signer will carry your weight, so them being in US soil and them having a stable job is the basis for the loan approval, that said, both you and your co-signer don't really display that you have a stable monthly income to pay for the loan. 4.

They should be put into an interest bearing account separate from their funds so they don't co-mingle with their personal funds.If they don't want to give it back, then would need to come out of the purchase price.

Fico and income have very little bearing on getting development and vertical construction loans and financing..

most times renovation alone takes care of the problem but i had one house that was a bear. 

"The bear case, noted that Zillow purchased 686 homes so far, but has only sold 177 of them, leaving a backlog of 509.

(A full blast hose is 6 gallons a minute, 360 gallons an hour, 8600/day. 250,000/mo.)Anyway, talk to the insurance company (you’re going to want to look for foundation and soil damage if that much water was released under the home.) and then as mentioned talk to the water company. 

Seems like the most common approach is to include a contingency that the seller disposes of the tank and provides a clean bill of health on the soil.

Do your analysis, be conservative, have a minimum return threshold, and stick to it.Tom great point, I think its important to have a focused goal and if the nu,bears don't work they just don't work , move on don't waste your time and get the deal that does hit the numbers.

I'd probably throw out a deal of they pay one price and include the utilities...Ie 4 people - Advertise it at $495 or 545, 595 (whatever you think the market can bear) pp -- however total rent would be $1980 @ the 495 example-- get an air tight lease and emphasize how joint/several liability works and then throw in lawn service (they probably wouldnt mow routinely anyways - will help keep the property looking nicer) -- and build something into the lease that if the utilities exceed a certain amount per month there will be an overage charge.Pay for electric, gas, water, lawn service and offer a washer dryer (let them buy internet/tv) - if you find a good local mom/pop shop you should be able to get used or rebuilt ones for $400 or less for a set.