P&I payment: $716Origination Fee: $4500Underwriting fee: $1395 Hi Su,Yes, with the DSCR programs readily available today, I would say all of these are high.

The right loan officer can answer all your questions above!

FYI for all real estate questions regarding the Columbus market I recommend @jimmylieu - he is the BEST! 

I personally would shy away from All State and State Farm.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Thanks all for advice.

If you have any questions on this you might contact a few local realtors to ask about annual appreciation over the past few years.)If after considering all these things you still feel the property will be a loss you should look for a different property.

I wanting to make a career change and was curious if it makes sense to do all , if not majority of the renovations and pay myself instead of paying contractors?

He is the VP of the local REI Association and an all around great guy.

All these repairs were made with the expectation that the problem would be corrected.