It's important for everyone to report it giving weight to the claim. :)

Yes real estate is a big field, keep reading here and participating and gradually it will become more clear.

lol Never understood the dislike for our market here, while we didnt see the big "boom" other areas did years ago, we didnt get the big bust either, its steady and gradual on the whole but you definitely do need somebody that knows the area well as values change dramatically even street by street.

Must have been a ton of weight and an old driveway.

Obviously the contract is weighted heavily in the buyers (our) favor but I suppose if we cannot agree on where the line is placed, that would void the contract. 

or garage had to walk up 2 flights of stairs to get to kitchen (hey i needed to lose some weight neway :))If you find a million dollar house & pay $500k. probably lot more wiggle room to cut down trees or fix something. 

I would weight in the risks of owning properties away from your home base.

The relationships here are worth their weight in gold and will absolutely help you in your real estate career.Do not be afraid to ask questions. 

The rents need to equal anywhere from 75% to 115% of the PITI mortgage payment without backing any vacancy type income out.Lastly, you can do these loan as commercial, where most of the weight is on the property itself as far as being able to service the debt.

I bring this up because if you call an agent and let them know you have a preapproval letter then the conversation seems to carry a little more weight.