At 70%, the rent cash flow is higher and the profit at liquidation is higher, but at 80%, you would be able to purchase more properties over a shorter period and have more capital remaining if, for example, you were returning capital to investors after a defined period.I have run the model a number of different ways as they apply to the fund I'm raising. 

I had to cut my question down since we are only allowed so many characters in the title box.

A good lender will define specific criteria that you and your property will be expected to meet.

In my MLS, I use every character available to describe property (400+).

Let the map of these properties define what the ultimate rents and sold comps are. 

So they will not recommend anyone who hasn’t already displayed a certain level of reliability during previous jobs.I agree the FB group can be a mixed bag of characters.

For that reason you'd have to define what better is to you. 

I will definently remember this going forward!

David,Having written, clearly defined Rental Criteria for our properties makes these situations easier.Minimum credit scores, no evictionsI recommend that you develop a clear list of qualifications and make sure they comply with fair housing laws.This way when their current lease expires, you have defined what it takes to qualify for your properties.Hope this helps.

Start by defining and quantifying your objective.