I don't have her credit score, eviction history (just WOM form her landlords - all good things to say about her), or criminal history that you would normally get from a background check.

@Michael BaumIn addition, you need to have reserves for the mortgage and unforseen repairs.6 months of mortgage payments would be good to carry you and fund emergency repairs.

Appreciation and cash flow (in addition to sale price) are all important factors when it comes time to resale and exit that particular property. 2) what class neighborhoods do you wish to invest in?

Most realtors can not get much loan due to nature of his un-predicable income as 1099 and have terrible credit score issues.

You can use your normal lease, but Section 8 will have their own lease in addition. 

If you do, keep the balance low and take advantage of the zero interest balance transfer option on credit cards.

Our credit scores took a big hit recently as we have been helping my son with his custody case, so we maxed out our credit paying for attorneys and all that fun stuff, then we had a late payment.

i'm in the 10-15 unit market around that price point also. i offer max what i think the bank will value the property at, based on my OWN noi analysis and the going cap rate for buildings like it in the area. i'll try to get a discount on top of that / seller credit if the inspection report is trash.

Run a credit/screening report on yourself.

. -$650,000 Renovation Budget-Stabilized Rent Roll $25,400-"As Complete and Stabilized Value": $3.45MThat's a recent MLS deal in a B+ Philadelphia location with a credit tenant that's been there for 20 years in the occupied commercial space.