I have been working with a realtor and for every property that is somewhat promising the realtor is suggesting to put an offer in close to asking to get it accepted.

For you to buy as an investor, the home needs to be classified as "Extended"... not "Exclusive", which is reserved for owner occupants.Most of the investors we do HUD homes for have multiple entities...

They may move "up/down" in neighborhoods but their life skills are likely to remain the same.A tenant rating system(TRS) obviously can't be published so I can only see a TRS being used to vet applications and documented in your accept/deny documentation.So how / where do you see this being used?

Problem 1 is most realtors won't accept your offer without POF and a decent EMD payment.

Write into your offer that your offer is subject to review of and acceptance of the HOA docs.

Low offer accepted on REO.

All Harry wants is to solve is problem and get rid of a property for a good, acceptable deal for him. 

Or move into each property for two years then sell.Hi Russell, The tax code was modified in 2008 so that you will not receive the full tax-free exclusion after moving in and living in a rental property. 

I think you're missing the point though:Intuit clearly does accept landlord into their merchant services program as that's what I signed up as and was accepted as.I have been making a point of checking my books every 1,3 and 5 days.

Any advice is greatly appreciated.David,Here's what I do for my multi-family buyers:Yes it is hard to estimate for maintenance because of a lot of variablesBut I know its expense is less for more units, for things like 16+ unit buildings, onsite maintenance room for storage materials, onsite employees use less hours to do work ordersSome entities even volunteer their residents to pick up grounds, hence minimizing your maintenance costsIf hdsupply.com accepts your account they specialize in multi-family buildings and you don't have to use man power for delivery or pickups And yes, you can do analysis paralysis but it might help you the bank's formula DCRThe 1031 buyers look at expenses differently Yes there's a number per door, e.g. if the units have been neglected you will spend at least one month's rent in turn ready unit expense    An organized well lubricated team should turn ready units in 2-3 daysPay close attention to the human factor, i.e. low self-esteem employees who will take longer to turn ready units or do work orders with poorly workmanship, theft, etc In capital expenses, concentrate in a few and more expensive to start with, AC, plumbing, electrical