I continue to listen to all of above whenever possible, and they heavily influence my investment decisions.

Oversimplifying your purchasing decision using ratios and other numeric data can lead to some poor purchase choices IMHO.

Nothing that can't be updated or turned back into a garage.I do hate to see such poorly designed conversions, that just says "I use to be a garage!".

If they caused a problem, they should fix it or pay if someone else has to do it.Sounds to me like you've bought a property in poor condition and the PM is nickel and diming you for a little extra every month.

One thing weighing on my decision are taxes.If a single-member LLC owns a property, rehabs it, and sells it, are the profits deemed "business income" or "capital gains"?

Hey Tony, Your strategy can definitely work and I've seen others do the same, there are tons and tons of apt buildings that need work and are being poorly managed by the current owners.I have built a database of properties in my area - orange, seminole, brevard, osceola county etc.

I see it and know what it is and, yes, it influences my overall impression of the applicant, but it does not drive my decision.

The sub-prime mortgage market is dead, and they generally have little cash and poor credit.

800 and above is in the top 10 to 15 percent of credit profiles nationwide so you should be fine.Just do more research before getting jerky with decisions such as closing accounts.Most lenders will give you the best rates of everything with that score.Is 805 the AVERAGE of Experian,Trans Union,and Equifax??

I look at benefit/cost ratio for any decision I make with money.