I write several proposals and can tell you it is not a good idea to follow the same formula for all deals, just like each building/business is different the proposal should be as well, what I have noticed is that you can make a guideline for a "type" of deal (bulk reo, commercial office space, condo, etc) but not a uniform template, you will find yourself spending more time making adjustments to the template than actually writing it.

Given the refinance risk, would it be better or less risky to go with fully amortized, but adjustable rate mortgage (with rate cap) rather than a fixed rate mortgage with a call?

Just having a judicial process for seller financed transactions would cut out most of the fraud and abuse and a judge could use several tools to adjust the transaction to be compliant, fair and equitable.

Just don't see how i can be liable when anyone can adjust the setting on the water heater.

Tom,Price adjustments should be looked into - renters these days are expecting to get into a rental on the cheap.

No issues in posting whatsoever, but the ad just doesn't show up.

Maximizing risk-adjusted returns is the best thing to shoot for IMO.

Some adjustments would obviously need to be made, but how do you go about doing that?

You should at least talk to a HML just to find out for sure what the costs would be and then build those costs into your numbers just like the repair costs and adjust your offer accordingly.

Welcome to BP and hope you find your sucess here. 15 years is a long time and I think you should adjust something in yourself to really get started.