Hola otra vez mas,I would be curious to know what this applicant's rental history looked like, what the previous landlords said about their tenancy, and why they are moving.This could override the income puzzle.

Hi Jason,If those numbers are correct I would not let the roof damage scare you away as it seems there is plenty of equity built although the missing puzzle piece is your estimated cost to renovate.....As far as the roof goes, as long as the leak was contained in the 2 areas it should not be a big deal.

I would recommend focusing on a few key pieces of the puzzle right now.

When I spoke with the seller she was puzzled that I would be calling to buy her condo "out of the blue."

But I am still puzzled why so many condo owners, for their OWN well being, don't want to keep an eye on this huge upside/downside going on.

ie- if I'm comfortable with buying and selling residential properties, can that same level of comfort generally be applied to commercial properties or might I be missing a big puzzle piece because it is commercial.Thanks.

http://www.businessinsider.com/map-salary-needed-to-buy-a-house-2014-2If you want cheap entry level flip opportunities, here's a big part of the puzzle resolved.

So many more pieces of the puzzle have fallen into place for me.

And then he suggested setting up a guidance line of credit for future properties.I have had guidance lines for my new construction business, it simply meant they would finance construction of any pre sold contracts I had to build new homes for clients.Now when it comes to having a guidance line to acquire buy and holds in a rental portfolio, I'm a bit puzzled as to what and how it will work.

This book is worth its weight in gold, and is something that I will continue to re-read throughout my career(along with my Real Estate Fundamentals and Practices book).I was also pleased to find out that all proceeds of the book sales goes to fund Alzheimer's research(my uncle suffer's from this terrible affliction).I thought I would share my impression of this outstanding book, as I found that it assembled all the pieces of the real estate puzzle for me.Thank you to Rich Weese for sharing your years of successSebastian