For example, the VA does not consider revenue in their calculations which was unexpected.

Inspector said they are on their last legs and would be surprised if they make it through the summer. 

@Yinna Wang Im surprised to hear you know people freaking out about this.  

Just so you're not surprised.

You learned a expensive lesson, in the future when someone gives notice make arrangements to view unit before they move, and before you plan on showing it so condition can be noted, give tenant check sheet to let him know what is expected to be cleaned.. this way your not surprised when the bathroom floor was used as a outhouse probably by a pet.. 5 take photo's of unit once it's show ready and save for your advertising.. you have it then and don't have to rely on taking them again for marketing purposes. 

There is no other reason I could think of why you would be denied for a loan on a second investment property ... guidelines that I'm familiar with are that up to 10 conventional residential mortgages are allowed. 20 if you go with 10 under your name and another 10 under your husbands name ... so a bit surprised to here you are having trouble with 2 (or 3 if you include a primary residence) ...

I wouldn't be surprised if America's plan was to get foreign investors to throw billions into our real estate market only to tank the world economy and the foreigners would lose the land right back into the hands of the American public.

There are definitely a lot of unexpected costs that could come up.

Hopefully things go smoothly, and I promise the more effort you put into clear and concise communication in the beginning, the less chance tenant will get upset as a result of unexpected outcomes (like starting an eviction process, if only because you have to protect yourself).Source - years working in real estate.

The surprising thing is that most of the time they buy at a lower rate of return than the local investors will my guess is that they are scattering their investments into several regions hoping they all cant **** the bed at the same time?