If the seller doesn't sign one, the buyer may have to sue to get the seller to perform or to get the earnest money back.  

Individuals who change jobs frequently, but who are nevertheless able to earn consistent and predictable income, are also considered to have a reliable flow of income for qualifying purposes.   

They need the properties to perform because of the mortgage.

Be consistent.  

I'm wanting to get into real estate investing but I am having a hard time figuring out how to get large loans with out a consistent annual income. 

Just curious how many of these homes with the elevated radon levels have basements, and is that where you perform the test?

With the exception of the 9/2015 asking price of 195k, the sales price was consistently over market (207k – 227k).

This structure also allows us to even things out so that we can get consistent results in monthly acquisitions. 

A lot of buildings will go the "special assessment" route for "large projects" however, if there is no consistent income stream, it gets very expensive for owners.

I'm setting any property that performs higher than a 7% cap rate given my assumptions aside so I can further research the neighborhood.