@Kenny Sibrian I would look at some of the banks online mortgage calculators as well as the official website of FHA loans.

From my experience (23 years), I will tell you that attorneys can be fed one of two ways. 1) appetizers or 2) five course meals.People see items such as operating agreements, contracts, etc, as a check the box kind of thing- "my bank requires an operating agreement so I will use my favorite attorney, Google, to obtain one".  

The difference between a Real Estate Investment & that of a stock investment is the ability to use the bank's money.You can't have a bank pay for 3/4 of your stock.

Some people consider a loan from the bank using "other people's money" or a credit card advances as "other people's money" but really it's your debt that you owe, interest you will pay, etc.  

A failed septic can run anywhere between $25,000 and $50,000.  

He says there would be no comeback to the landlord if the tenant failed to pay- he would take the hit.My first thought was that landlords wouldn't sell there future rent at a discount ( i wouldnt).Love to hear your feedback-ThanksDavid

One of those 5 loans has now completed a short sale, and I got back 94% of the principal (it hasn't hit my bank yet, but I'm sure it will), which represents the net proceeds.

Furthermore, the property I was getting ready to close on last week may fail re-inspection in which case I may have to move forward with another property.  

I know some banks might not see that income as a steady source.

However, when I look at the county tax record, the owner is listed as US Bank National.