https://www.rentspree.com/blog...Landlords and property managers are required by FCRA regulations to legally review a tenant’s credit report (with consent) for the sole intention of determining an applicant’s qualification to rent.

@Sam Booth most investors want to see a spread of at least 30%, but this is an oversimplification because it doesn't consider important factors like: how much money you're putting down, how much the repairs will cost, how much of your time and effort the repairs will require, the appreciation potential, the cashflow potential, and a myriad of other important factors. 

In that I would not own the home in my name (the trust would) under those assumptions.Is this even a reasonable strategy to jump start a real estate investment portfolio, any alternative ideas are welcome.I hope I have stated this with enough clarity, Please let me know if additional information is required to answer the question.

First time poster here and new investor, appreciating any advice in this new and scary world.My project, a conversion of a single family unit to a multi-family unit, is delayed by about 5 months. 2 months of the delay is due to my mortgage company.My original mortgage company transferred the mortgage to a different mortgage company early on, and did not give me the required 15/30 day notice.

Housing in the NYC area is obviously more expensive and will likely require a larger down payment.Thanks

Property B- I can get a cheaper parcel right at 2800 an acre that's also essentially a rectangle BUT would require us to put in at least a dirt road as the road frontage  is on the narrowest property line.

Here's an example:50% of the total price due at the time of booking.If they cancel 30 days prior, I refund the entire amount.If they cancel 15-29 days prior, they lose half of their reserve payment.The total price of booking is required 14 days prior to check-in.If they cancel within 14 days of check-in, the forfeit all funds collected.If I am able to rebook at any time during this process, then I refund their money, minus a processing fee.If they booked six days and I can only book three days, I will refund three days of their money. 

I just helped a client close on a property using a DSCR loan so I’m familiar with the criteria required now.

In my area you are required to pay for the properties immediately following the auction.

Cities around here are slow to implement the new "modern city" changes you see in other places, like allowing ADUs and eliminating parking requirements.