You just have to pass the basic inspection.Rentable amount is based on bedrooms and bathrooms do not matter for the rent amount.

This is absolutely abhorrent lending behavior and was somehow approved by a committee consisting only of the CEO,CCO, and EVP.Nitya Capital is a Texas-based real estate investor founded and managed by Swapnil Agarwal.

I am exiting my portfolio - so this is based on the proposed sale price and hard money loan... 

The amount of rent is based on the AMI which can be found here in this handy chart:https://www.sandiegocounty.gov/sdhcd/rental-assistance/income-limits-ami/so the calculation looks like this:For a 1BR unit (2 person household) at the very low income level you could charge a max of 1/12 of 30% of $48,500 or $1,212.5 per month.Also, in the agreement that I've seen (which was for a different City in CA) there were some restrictions against students.  

Find out what is realistic, what fires you up and formulate a strategy based on the resources you already have. 

Or the other likely problem - negative cash flow (the income projections aren't addressed here, and it seems highly likely based on the financing.)  

Seller is going through foreclosure process ARV: $225k-255k, based on conservative comps (A buyer had put in an offer for 235k before backing out after inspection)Capital I have to work with: $35,000Rental Estimate: $1,750/mo.

People find their niche based on the resources they have, where they live or have connections, their stage in life, goals, risk tolerance, personality . . .

I then hold an open house/showing for those that qualify based on the criteria. 

Back then I really wanted to invest into real estate and I did value the knowledge of experts but the sales pitch made me think that my upfront 20k sacrifice would be repaid in a sequential frequency of wholesale deals based on claims of previous students with successful deals, thus reasoning it sequentially.