Quality of the school?

I noticed at the last minute the appraiser lowered the quality to Q4

Like all of your builds quality!!!

Another is to provide quality housing for my neighbourhood.

The lead quality being not the best?

A lot of channels are of uneven quality.

My concern would be the quality of tenants and unforeseen events that may come up.

It's the business their in, they determine that the value of the property supports their loan such that should you default they can recoup their money through foreclosure.I know the point of using hard money lenders to essentially vet the quality of your deal has been brought up here and elsewhere many times, however, I think it's somewhat of an outdated notion.

Then it would be considered fraud.The only report I would need to pay for would be a back ground check to make sure there wasn't anything criminal in their history.Generally, I have found that if someone has a very high credit (720+ FICO), and in Brooklyn, NYC, you will certainly need high credit for any apt, you have a very clean background check.Given that and income has to be 4 times Annual Rent qualified from their Pay Stubs or W2 or both and verification from their employers, it's really difficult to get better quality of verification even from Companies that charge more than $20 for all of this information.Also, I don't blame Cuomo for these things.

There are plenty of deals with large Cash on Cash returns in Baltimore, just depends on how far down the A/B/C neighborhood quality spectrum you want to go.