Evictions are few and far between, but when we have one, the security deposit is NEVER ENOUGH to cover back rent and damages, the tenants always owe more.     

I hope to pull out at least $40,000 after covering refinance costs.

And my husband is a GC so we got you covered on the repairs too.

I use the application fee that I charge each adult to cover the cost of the background check here in Florida.  

It came to mind that your agent could request any documentation the owner has (rent roll/expense details/vacancy rate,etc.) to assist in decision making, but I assume some people may actually make offers only from pictures, purchase price, and rents.

If the borrower is paying then they should also be paying escrow monthly to cover taxes and insurance.

Are you going to cover all of the seller's expenses....taxes, title, escrow?

If you purchase an under construction 4 plex property and then the finished product is only 7 covered parking space instead of 8, can you get your earnest money back if you back out? 

What does that cover (not much).

Business needs to cash flow to cover existing and proposed debt by 1.2-1.3X.