If either of that is not valid then the lender can't go forward with the loan.If either of that is value then with is going to be difficult to secure Fannie financing with low down payment.

I had a 40 acre orchard in Santa Barbara sold 20 years ago but I've checked and the retired rock star who purchased it has had it on and off the market at incredibly low figures - check 1500 farren rd Goleta ca93117 could make an off Market /private agreement if you'Rare super motivated .

A pure luck play from a Craigslist Ad resulted in my very low offer being accepted.

Just my 2 cents but I always go conservative in my estimates and run an analysis of what needs fixing and how long it will last - heating systems, hw heater, roof, appliances, carpet/flooring, plumbing fixtures etc

@Stephen Neto Drug use, tenants moving people in and out, paying rent when they feel like it, etc.. are all hallmarks of owning rentals in low income areas.

Expenses look a little low, especially considering the high property taxes in TX.

The annual taxes seem low. 

Low income.3.

Low taxes and insurance.

I have a new flip coming up and for the sake of keeping things simple, keeping costs down and better interior aesthetics I'd like to go with a central air and heat system INSTEAD of a hydronic baseboard system and a central air unit.The question I have is, do buyers care about forced air heat?