I don't know how strict the laws in your state are, but that sounds like an awfully long sentence for the crime he claims he was convicted of.

Drop bedtime routine and answer only to find minor issue at the time.

Jonathan, I would strictly base upon the ability for property to cash flow at the terms you need to meet your investment criteria.

My direct mail campaign is strictly for investing purposes and not for my real estate agent business.Thanks!

Hi @Sinil Kim,I definitely would not go the email path as there are some pretty strict and severe laws about that. 

Im aware the normal routine is 20%+ down on an investment property + Rehab costs, etc. 

Hobby landlords will avoid facing issues to avoid having to work their business and a business will follow strict enforcement of their lease to lessen their work load down the road.

Those percentages are strictly guidelines and not rigid.

No, not on the deductibility of the $35k rehab - it does not fly, no argument here.I disagree with your rather strict interpretation of "ordinary and necessary."

The largest mortgage bank in the United States routinely advertises a rate with 2 discount points (hidden in the very small print) on top of 25% down for an owner occupant (also in the very small print), which is literally $10,000 in upfront fees on a $500k loan to get that rate they advertise.