How to factor in the age of the property, because older properties require more maintenance.2.

In addition, ask about important factors like pets, children, smoking, and criminal history

Property details:1905 E Adams Ave, Orange, CA 92867Purchase price is $839,500 - Regular 20% down over 30 years 5% interestAVG closing cost $5,000ARV $839,500Repair cost 50,000 - Property looks in decent condition but i just wanted to factor in some repair cost plus Yard need TLC. 

Currently a crappy sports bar with no cool factor at all which has been operating miserably out of this space for as long as I can remember.

I would suggest "running the numbers" and look at your cash flow after factoring in your mortgage, CapEx, taxes, etc.Jacob

Some will factor your rents into your income and may even do an asset based eval...essentially if the rents will cover expenses etc. they'll lend on it. 2.

One Traditional and another FHA which factored in your feedback on that.   

Because of its desired location, I expect to have little to no vacancy issue (in my numbers I did add 5% vacancy factor just in case).

Once you factor in your vacancy as well, maintenance etc you might even find yourself cash flow negative.

Because of its desired location, I expect to have little to no vacancy issue (in my numbers I did add 5% vacancy factor just in case).