As far as pros, you only need a credit score above 600, enough money to cover 20% down plus closing costs, and for the property you are buying to have a projected rental income (as determined by an appraiser) that at least equals, if not exceeds, the projected mortgage payment.

With REITS, the actual distribution amount determines how much you are taxed...as they would be considered dividends.

Having common sense allows us to determine **** from gold.

Also how would I determine comps if there are no comps from this same area.

I need to determine whether or not moving faster (by pulling from the 401k) offers greater benefits than patience and continuing to simply save the money needed for the initial investment.

What info do you ask for and how do you determine if it meets your criteria4.

There is too much missing info to determine what your options are because they will depending greatly on the original survey and current title policy.

Determining which cities are experiencing job growth, job diversification, rent growth and population growth can help provide some filters.

@Javaras ThomasBanks are going to look at debt service coverage ratio (DSCR) to determine how much they will lend to you, not ARV.

I've done it all, but I determine which marketing channel I use based on how much it costs to get a deal and the work involved.