Now I'm reviewing to improve my system to determine if and when an appraisal is appropriate. 

For commercial properties, I advice my clients to focus on the business plan and yield (IRR) as Cap Rate is only a point in time measure and may not tell you the potential for improving the value. 

So, if you are buying correctly, DTI improves with every purchase.3) Get educated. 

This makes them even less likely to improve their lives and creates a more dependent society which means bailouts will have to be bigger the next time.

I have been educating myself by reading, watching podcast and you tube videos, I have improved my credit score and Personel finances with the education I have learned from Bigger Pockets or the leads from Bigger Pockets.

It's the one thing you can't improve.

Most are going to work with us.My personal home mortgage provider is offering a deferral which I will take to improve my cash position to whether the down time easier.Mike

Most of the homes we own today were foreclosures and I can assure you, you will have improvements to consider after closing including topics like lead paint, asbestos, aluminum wiring, code violations, etc.

We did have to do a write up about our plan to improve the property.  

I invested $15000 in these improvements and was able to remove the PMI insurance in less than a year after purchasing the home as it appraised for $168,000.