I had a pretty standard comment for this as a lender.

I understand that it may be subject to each individual investor, however, is there a "standard" that you have seen exercised?

There really isn't a "norm." 10% seems to be a standard allowance though I'd imagine almost everyone on here has a few contracts better than that.

More flexible u/w usually 2-4 pts, 10-12% is standard I'm seeing....Just quoted large land deal today @ 4 pts, 10%; I'll likely be at 2-3 pts.

With the mortgage on the house we are living in (our first home), we can afford something max of 50-60K (down payment + standard mortgage).

My personal decisions about what to do at a property are related to minimum standards once those standards are meet then upgrades are considered with the eye to attracting and keeping better tenants.

For example, I currently have a 401k plan managed by JP Morgan, under that I have previously created an account under Schwab, which I diverted some fund from the JP Morgan account into Schwab to do my own stock trading because the main JP Morgan I can only trade the standard set of "funds".

CRNA or a clinical nurse specialist).

In GA (and most states, I believe), the standard rule unless there is fraud is caveat emptor, meaning buyer beware.

But in our market, the ROI is still much greater with SFR.But then again, I do manage my own properties, I do rehab my properties to the point of not needing repairs for many years and to a higher standard than most for the areas I invest in, I do buy properties cheap and rehab them because it doesn't scare me.So my decision process is simple.