From what I remember, she recommends the "both and" approach re: running numbers while simultaneously researching lenders.

This has the practical effect of me having investor clients out there that I've done mortgages for already that are "permanently preapproved" for however much cash they have on hand for down payment plus closing costs because while I do not know what their DTI will be, I do know that it will go *down,* meaning that I do not care about it.Note that the lesser of current lease agreements or appraised market rent will be used, unless you can demonstrate that the current tenant will be departing the residence.

-Looked for recent cash sales and figured out what investors were buying in the area by searching the property on my county's tax assessor website-Practiced comping propertiesI plan to use the rest of January to set up my business structure and have my first direct mail campaign out in the first week of February. 

What are the typical practices, and what would be some red flags to watch out for (e.g. someone trying to hide something from you by denying access)?

Hello all, I have a home I bought Sub2 that I will be getting a policy on tomorrow, but have a couple questions before I pull the trigger. I should mention I am actually living in the property as my primary residence,...

He called us and we responded first with sympathy and then with practical help.

That's generally accepted practice in this area.

Go learn about real estate and wholesaling before you start to practice it.

Seems like you could also change the purchase agreements, so that both have to be completed simultaneously, then her worry about you backing out on one of them should be addressed.

@Bob Bowling I absolutely agree that you should enjoy "today" but setting goals is important and a practice I think everyone should follow.