The underwriting process is there fore streamlined much more in my mind because once a lending institution establishes what their underwriting criteria are...it's actually pretty easy for them to evaluate a deal.

Do you have enough information to evaluate whether it is a deal?  

. :) Pay close attention to the neighborhood when evaluating Memphis MF.

QUESTIONS to the community: What kinds of metrics do you use to evaluate where and when to invest? 

If your point of flips being safer were true, then wouldn't banks (who make money on their ability to evaluate risk and judge interest rates as compensation for risk) rather lend to flips versus rentals?

Some will have everything form a survey to detailed maintenance log and others will have very skimpy information.

A C Corp’s conversion to an S Corp is far easier from a tax perspective than a conversion to a partnership.Another factor to be evaluated in the entity selection process is whether the owners want to structure different types of ownership interests in the entity.

Meghan - we evaluated an attorney drafted lease, but it was fairly pricey and decided utilizing lease forms that have been previously used and are widely accepted was more appropriate.  

We're evaluating a deal in Roseville which comes with a double lot (11,000+ sq ft), each end of the lot on a different street.  

The home has fire damage, evaluating this property will be tricky, as you don't really know how much damage has been done to the property, in addition, the home  was built in 1964.