Occasionally there is reasoning beyond the element of security from unwanted external sources coming inside, such as that of a child that may be prone to fleeing.

FEMA 2.0 will factor in the risk of a tsunami into the new coastal rates. 

@Mario Casarez hey Mario, Id agree with @Paul Welden - HomeStyle is a great renovation loan program (and is still available) to jumpstart your BRRR investing, but it really depends on a few factors to determine which loan option is best between Homestyle, 203k, hard money, etc.

I don't see a lot of 2 bedrooms in Chattanooga getting $1700/mo in rent, especially not places that are bought for $175k, so those aspects of the deal look good.The 1% rule doesn't take into account a lot of factors, such as upcoming CapEx, etc. 

This implies that the price is based on many factors including expected return and expected risk. 

Factor in rising expenses and stagnating rental prices…..These numbers, are these property appreciation and cash flow?

I even experiment with what-if’s, like if the purchase price was 10% lower or the rents were higher, or i factor in no property manager, etc. 

I realize I am leaving out subdivision costs and other factors, but you get the idea. 

Originally posted by @Jeffrey Donis:@Amna Malik Here's a good resource for contracts:https://therealmaxwell.com/con...Hi Jeffrey, do you have a template of your workspace for internal and external process? 

Soap box aside, OSAP is real debt that will be factored into lending decisions, so best to get it off your plate.