@Jonathan Greene that's a very unique investment lol I wouldn't think to buy an old church and turn into a college rental.

The current process is a bit of a pain with little reward until the end, I kind of think that it would be nice to recognize leaping some of the many hurdles we are currently required to set out.This is a really rough draft, but as a bunch of people who have previously gotten mortgages I wanted the community's feedback on this set of proposed Achievements to Unlock while in the process of buying a property.Imagine animated giant green check-boxes or thumbs up appearing as you complete each one:Preapproval Process StartedAsset Package SubmittedIncome Package SubmittedCredit Package SubmittedInvestment Property Package SubmittedE-consent to e-Disclosures SubmittedLO PreapprovalUnderwriter PreapprovalContract RatifiedE-Disclosures SignedAsset/Income/Credit Package UpdatedEarnest Money Deposit DocumentedAppraisal OrderedHomeowner's Insurance SubmittedLoan Conditionally ApprovedApproval Conditions SubmittedSatisfactory Appraisal Rec'dFinal Loan Estimate SignedClosing Disclosure SignedCleared to CloseDocs in TitleCash-to-Close Sent to TitleFunding Conditions SubmittedLoan FundedAmerican Dream UnlockedI know that they aren't in the order that might be preferred by the consumer ("why can't I just do those first 10 all in a single setting?")

You should listen to the BiggerPockets Podcast episode 169 with David Greene, I believe he was in law enforcement when he got started in real estate investing. 

@Ross Greene Yea so I found out is quite new at his job.

@Dan Green You are correct when looking at 70%. 70% should be the purchase price plus repairs of the ARV.

Green ground wire to screw in to the can fixture.

The tenants put carpet down in the basement and some green tarp on the asphalt backyard which really has spruced it up a bit but that's it as far as improvements.

Ian Green

I'm renting a town home in Green Hills (half way through my 2nd year of leasing the property.

One word: Paradise to who knows where and how to take advantage of what is down here.For example the capital gain even without talking about the peso or dollar, in areas of Cancun in residential properties from 50 to 150k USD we are experiencing 16% capital gain per year.