A credit profile that has a credit card, a car payment and a personal loan (and of course Real Estate) would make a good mix for creditors to consider, and the credit bureaus to evaluate for a score. 

They're going to be gathering several data points, then likely performing an appraisal, and evaluating both the data and the appraisal to make a final underwriting decision.However, it'd be really nice to secure financing before I found the deal.

Once you can recite all of this for any property you are evaluating in any market anywhere in the world you want to invest you are ready to start raising capital from investors to start buying deals.

Talk to all parties involved and you can usually come to a mutual understanding very easily.

I know this position that I'm taking can be easily refuted with the logic of economics, eventual adjustments by appraisers to match with the market, etc.

We would personally cover closing costs (which we would easily earn back in profits over the next 24 months).  

Look for abandoned or condemned buildings that could be easily knocked down.

The 2nd reason I closed the LLC's is because people can still sue you, personally, and they can easily collect their judgements from your LLC's.

There is a drawing of the layout in the ad, and it appears that the one unit is enormous, and could easily be converted into a 4 plex quite easily.

Do you have a target percentage of ARV when evaluating properties to take on?