I made my case to the City and in the end the variance was granted, your results may vary however because it's up to the local board.

I have one set of neighbors who I rely on for a reality check.

., can all vary dramatically across this country, but having only invested in CA and AZ, I don't know what might be "typical" in other regions that wouldn't occur to me here.

Most people would agree it's better to be too conservative and pass on what might have been an okay deal than to rely on aggressive numbers and end up with a bad deal.

Some buyers do not need cash flow right now because they already make a ton they just want the equity plays.It all varies on the investor and their goals.

Do you own research...don't rely on the agent....you have access to a lot of the same info and you can get a real good feel for rents with a few hours of online surfing and walking the area you are thinking of buying in.

Repairs need to be made in a timely manner, what that is will vary and how you get along with the tenant and what can be agreed is the issue. :)

State laws vary, but I'd be surprised if you could void a lease otherwise.

It is commercial lending and licensing can vary.

Rarely would your really need such a thing, if you're wholesaling and relying on such agreements, you're probably not structuring your deals properly, such aren't needed.