Etc...Even two similar lots on the same street could be very different in these respects...

Separately from this - I have a job that pays me a very respectible salary and I have saved up approximately $125k and I would like to increase my exposure to REI.  

Furthermore, I look to build lasting, profitable relationships with Investors in my area to leverage our respective positions in order to do deals that profit all parties respectively. 

Think of it from your agent's respective:  Your mentor is also the money person, who will have to approve any deal.  

I can respect that.

My main clientele are Chinese as I know what it is they want and more importantly their needs, I understand their culture, the communities they want to be in, schooling, transport and much more..Thank You so much for accepting me here on BiggerPockets and I really look forward to meeting alot of you guys on here, maybe evn do some business together...Respectfully,Tiara 

A 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate).

The biggest issue is in building restrictions with respect to building size.PM and I can fill you in.

Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate).

Landlord insurance is also referred to as a 'dwelling policy,' the same as homeowner's insurance with respect to dwelling, other structures, liability, and medical payments coverage but differs in that personal property is not typically included, and loss-of-use coverage (also known as loss-of-rent or fair rental value) reimburses you for lost rental income if the home is damaged and undergoing repairs, landlord insurance costs on average about 25% more than a standard homeowner's insurance policy DP-1 Policy: 'Dwelling-fire form 1' is the most basic option for landlords, these are named peril policies (covers 10 perils) meaning you are only covered for the perils listed in the policy, an actual cash value (ACV) policy meaning if the home is damaged you are only reimbursed for the depreciated rebuild value of the property DP-2 Policy: 'Dwelling-fire form 2' provides broader named peril coverage (covers 16 perils) and replacement cost coverage (RCV) for your property, this means that if the tenant burns the building down depreciation is not factored into the building's rebuild cost, also includes loss-of-rent coverage (for around 30 days) which provides supplemental rental income while the rental property is being repaired due to damage from a covered hazard DP-3 Policy: 'Dwelling-fire form 3' are "all-risk" or open peril policies meaning the property has replacement cost coverage for every peril not specifically mentioned, also included is loss-of-rent coverage, these are also used to insure non-owner occupied homes and vacant properties (vacant building policy)These are the notes that I took when I was researching the topic for myself.