Yeh, i recognize it may be a cut in pay but I'm thinking if my budget can handle it then the education makes up for it. 

But I also recognize my youth in this field, so I yield to people who have more experience with me.

But it is ok with you to gamble with your money sending a ton of mailers and 3%  will contact you?

They will have the systems and experience that goes the xtra mile to uncover as many unknowns as possible, get as close as possible to reliable numbers, and know what that work and energy and execution is worth, which I know to be $$$$.Otherwise, it’s just a gambling exercise between less experienced guys or frankly ‘advantage takers’ hoping they are something they aren’t, and there’s no cheat code to that. 

Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

Note that most of the time the Cost Approach is not used in valuation, so this functional obsolescence feature may not be recognized by an appraiser.An appraiser should note that on the appraisal form (e.g.

Could use it to fund a downpayment but your debt service will be very high so you will want to make sure it cash flows and if it does I would look to refinance sooner rather than later with a lender who will recognize the income the property makes not as much comps.

The courts recognize these leases as they are drafted with proper language and hold up in court. 

If you want to take that gamble, then that is up to you.

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.