Brian, 4 issues with "Shift" concessions above 3% not 6% can be adjusted on the appraisal.

Does anyone have advice or education about renting a single family home and ADA issues...seems to me that the climate is ripe for litigation on ADA issues...and the folks that bring the suite always prevail.

Another adjustment I have to make. 

Please let me know what you think, like I said this is my first offer to submit so I just a little unsure if I'm on the right track or if I need to adjust my thinking a bit more. 

Got tired of the annual reporting requirements and adjustable & callable terms.

Would love some insight and some ideas to adjust my approach/ insight on if what I’m looking for is even possible in this market.

Once you get inside, you can adjust your offer based on what you find.

Hi @Anthony Wick, I hate to discount rent as I think that starts to set a mindset that rent can be adjusted and is not a set figure.

Hey Jon great asking questions on here, remember the only STUPID questions are the ones never asked..The cash out refi programs are leveraging 70-75% of the appraised value so when you are finished with rehabyou will open it back up with title to have the property refinanced with a lender at which time you will pay between 400-700 dollars for a 3rd party non affiliated appraisal company to appraise your property (always run tight comps, if the house is brick and 2 story then find other houses that are the same in the same area that have sold within 6 months if you dont have access to good comps ask 3 different realtors to run CMAs on your property and get the avg and multiply that average by 90%)once your property is appraised you will go to close with the adjusted amount from lender to meet the qualifying coveragefor instanceyou are ALL IN for 120k (also include all carry and closing costs) and you find a lender that will cash out refinance (or not cash out different states have different % lending stipulations) at 75% LTV your property gets APPRAISED at 150k that means the lender will lend you 75% of that number which is 113kso you will NEED to to come out of pocket to finance the difference of 113k and 120k plus closing costs in orderto keep the property. 

Document your results, adjust then send those bad boys out again.