. 🙄 I feel they are pretty standard for the market:Applicant must have current photo identification and a valid social security number.Applicant's monthly household income must exceed three times the rent. 

Along with that, Mutual Funds don't put "cash flow" into their pockets whether the value goes up or or goes down.If my properties go up, I still get about $500 a month cash flow per property.

Beyond that, I read in the statutes that any SFH can only have one permitted ADU, and we are looking at running three. 

@Christopher L HallWelcome to Bigger Pockets.

Heath, So far I have mailed close to 900 absentee homes once a month for three months now and still no bite.Maybe it’s the data I’m using...I purchased from listsource???

Not a penny out of pocket and had all the rehab money in my hand.The only way to do those are with VERY GOOD DEALS or the property owners are in a bad spot and they NEED to get out of their house immediately.

So glad you've rediscovered Bigger Pockets early in your real estate investing journey...this is a great dilemma you have on your hands!

Hello all,I'm just looking for a little advice and I know that the Bigger Pockets network will have some great stuff for me :)  My wife and I just went and looked at a house that is bank owned.

All I'm paying for is what comes out of pocket...the DP.Here's how I did one:  Seller financed1-  AP = $100k, with 20% DP...I paid $108k w/ 10% DP2 - Cash Flow with Mortgage from $108k buy = $750/month3 - My Down Payment was $10,800 instead of $20k, so I paid almost $10k less for the property....yes, I paid almost $10k less. 

I’m hoping I can get as much knowledge as possible from bigger pockets that will ultimately result in getting my foot in the real estate buiseness!