you don't have any expenses itemized so I don't know your U/W but when I see a property with outsized gains, for no apparent reason, then I know the reason is offset by appropriate increased risk.

You agree to not enter the home without proper notice and a good reason.

What I was really asking is if you couldn’t put granite in for some reason, what would be your alternatuve. 

I will also start an LLC for security reasons but am very new to owning a business especially with these stipulations. 

Just factor in fixing the reason the basement flooded (could be easy like clogged gutters or extending the down spouts or maybe the sump pump hasn't worked because the electric is off or it could be expensive like digging around the foundation, parging the walls and then adding a french drain or could be real expensive and have a cracked foundation so you need to know) mold remediation and door replacement (if they're really bad) into the renovation figures.  

My question would be how do you know what your payments would be if you have not yet qualified for a loan because if you were already qualified for a loan then I do no see the reasoning behind your question about qualifying for a loan. 

The basic reason you would want to keep getting more properties is because the return in real estate is higher than the cost of borrowing, so you want to borrow as much money as you possibly can and make it all generate profit for you. 

I've found actual listings to be reasonably accurate data points on both the sale and rent side of things.

Honestly, it doesn't really make a difference at this point.As long as the rates are reasonable

All of this seems reasonably plausible, which is why I'm bothering to ask about it.