Some lenders (smaller banks and credit unions) look at other items aside from work history and you could qualify for their portfolio loans.

They won't let me pay for my food with capital losses, however. 

Vacancies will be longer in A as opposed to B with a greater monthly loss. 

Even though one of them would have higher rates; you as a team; have to agree in some shape or form; that the profit/loss on both would be shared. 

What items should i be looking at, checking for in my due diligence before closing? 

@Caleb Heimsoth  Yes fully expecting a loss, just trying to minimize what that would be. 

Geoff,Your numbers look good, just a couple of items which can go south and it’s best to be prepared; are your construction numbers solid - do you have written bids from contractors?  

If it does not work for you, sell it back to the market for a $10k/$20k loss is ok, instead of buying all ten $100k condo, then find out all ten $100k condo are bad, and it would be too much loss to sell all ten condo back to the market.  

We signed a contract with the seller that stated " Seller to pay for repair costs for the items discovered via inspection" .

No need to mess with the market and potential loss of investment.