As far as financing, there are a lot of factors that lenders look at.

Second, there are a number of factors that come into play when looking to begin coverage.1) how do you want the policy to act when there is a claim. 

I'd make the seller pay for by factoring it the original purchase price (along with other repairs to bring the property market condition).

@Dave Spooner I think people may be leaving the Northeast for a few reasons:Harsh winters, since temperatures and snow can be intense in the region.Job availability is another factor since many companies are avoiding the region.The Northeast is also home to many cities with a high cost of living, making housing affordability challenging, especially as people lose their jobs.

The loan matured last November 2020 but due to many factors (mostly COVID) they did not pay on time.

The system delivers four numbers: within proximity of the unit, in the same zip code of the unit, plus wider area numbers that have no bearing.When the housing authority uses the app, they have a different input matrix, including bedrooms, bathrooms, parking, - apparently nine factors that are used by HUD to estimate the rent.

Also, factoring in appreciation is very important, an area where I believe every "young" real estate investor should put an emphasis in.

If you plan on buying a distressed building with tenants on it, I would just make sure you factor in the potential for issues in your purchase price.

Factor in principal paydown.

I don't factor in the appreciation in my calculation because I do not receive it during the year and it would technically affect both side of the ROE.I could pull the equity back out and use it for living expenses and just let the rent cover the loan.