Credit score, Debt to income ratios, job income (2 years worth) are all items that will be required as well.

If you have coverage for only actual cash value, the insurance company will pay you for the value of the items now and be done with it so you are free to negotiate as you please.Hope this helps.

The items with three *** represent a total of three units.

I don't see how that cannot be a good Vacation Rental...Could sleep 6 to 8+ also has 3 car garage that can be turned into rec room with items tailored to my ideal customers or something.

Can you refer me to a chapter in your book where it itemizes fixed costs?

Income Item Monthly Income   Rent 1500 Mortgage interest write off 100 Depreciation write off 113 Property insurance write off 23 Repair expenses write off 93.75 Maintenance expenses write off 93.75 HOA write off 10 Utilities payments write off   Property management write off 37.5 Legal/Professional fee write off 0 Vacant time write-off     Total Projected Income $1,971.00 Other benefits: Continual increase in equity via property appreciation and reduction in loan balance.    

This type of inspection is geared more toward finding large ticket items like roof, attic, structural, system wide problems like aluminum wiring.

It is going to be tough without a track record, credit, or money but maybe you can partner with others who have those other items you are lacking and get some deals done.

DTI lower than high 30% range3.  2X liquidityFor item 2 our banker claimed that they'd only count 25% - 50% of rental income for the "I" (denominator) in the DTI calculation.  

I will make a donate to a go fund me on your behalf this week.