Brett - be patient I know you indicated that you were a Realtor and it sounded like you use it for your personal investing.

Be very careful with potential foundation issues and what you are describing are generally good indicators of a problem.

At that point, if the appraisal indicate it's worth $190,500 that will be the max attached to the property for anyone that require financing.  

I figure the broadest economic and rate indicators are probably my best bet.The ROE in the properties is... not sure how to answer this.

Enclosed vou will find the followingdisclosures as indicated below for your pending loan application with ______1) Federal Truth-In-Lending Disclosure Statement2) Notice to the Home Loan Applicant3)  Disclosure Notices: Affidavit of Occupancy, Anti-Coercion Statement, Fair Credit Reporting Act, FHA Loans/Government Loans4) Equal Credit Opportunity Act5) Flood Disaster Protections Act of 19736) Notice to Applicant of Right to Receive Copy of Appraisal Report7) Patriot Act Information Disclosure8) Servicing Disclosure Statement9) Good Faith Estimate10) 4506T11) Borrower's Certification and Authorization12) Privacy Statement13) Required List of Service Providers Disclosure14) Undisclosed Debt Form15) Homeownership Counseling NoticePlease sign and date each disclosure where indicated and return these documents in theenclosed self addressed return envelope.

I like minimizing risk, and keeping equity is important there.  

Unless they're moving for a job relocation or emergency like their apartment building burnt down, quite frankly, I don't want anybody who wants to move during the winter, because it's indicative of poor planning. 

I am looking at buying homes to rent with minimal to moderate rehab needed depending on the price.  

The MLS also has photos to indicate value of the comps, and usually has further detail about what financing type it qualified for and if Seller Concessions were part of the total purchase price.BTW, It is MY opinion (not a lawyer, not even close) that UNLESS they have additional debt, besides the home, bankruptcy is not an smart option (not by a long stretch).  

Can i spend 60k today and receive 1000k a month in cash flow, or could I take a 40k capital gain and use that infusion to purchase 1500k a month in cash flow with minimal leverage?