I returned a few days later to find that he had spread gravel across the front yard and under the front porch!

@Chris Seveney My Original Spread was this..$395,000 + $70,000 (repairs) = $465,000 - $50,000 (down payment) = $415,000 + $10,000 (fees) = $425,000 Loan$610,000 ARV - $425,000 = $185,000 (minus 3 months of holding costs & fees) so I was feeling pretty good about the purchase.  

It appears there may be a built in bias in the spread between acquisition and sales price by appraisers and underwriters.

Instruct the cleaner to close the room off and do not take anything out of the room to prevent the spread of bugs to other areas. 

Duplexes, triplexes, or small apartment buildings allow you to generate more rental income while spreading the risk across multiple units.

Thanks for sharing Greg, it's also spread out to other insurance.

Your loan will be capped anywhere from 65% ARV to 75% ARV and that will depend on lender, credit, experience, deal spread, risk.In that deal cap you have guidelines like borrower can get 80% LTV is their experience is X and credit is Y, and they can get 90% LTV if their credit is A and exp is B. 

I have a total of 3 properties spread out across the country (looking for a new 4th) and they are all. managed.

Here is what I learned:A great deal spread will trump any expensive lending termsYou need to be liquid, a lot more than you thinkGetting the exit you want will depend on the finishes in the house because all those ARVs you looked up had very nice finishes I'm sure. 

While I appreciate the content and how it's presented, it's tough to fully trust what’s shared on social media.