We had a very unique, beautiful space in a small city downtown.

I am currently using 12% combined for a light renovation and 10% combined for a heavy renovation.

The other thing I will tell you it is usually not one thing that leads to success, but a combination of many.

I would also second the $150 mls listing service with the caveat , on properties 3 times + this asking price combined with hot market and savvy fsbo person.

With the third space rented (ideal for a doctor/medical professional due to proximity to Holy Cross Hospital), this property has a potential for $8,800 - $9,000+ in monthly revenue.Situation - Because there are no recent comps nearby for a property in this unique category I have been unsuccessful in determining a solid ARV to allow me to work backwards.

Land is unique, no two parcels are alike. 

Side note, for the "one time set up fee" I would see if the companies could combine that or make it much smaller. 

All these factors combined in my opinion make these leads very appealing to someone who is willing to take on this responsibility and work with the building department.

Learning how to find this type of deal (not just how to find any deal) but how to find one with the right combination of potential profit, quick turn around and lower risk is worth learning. 

So I have two brothers that submitted an application for a property: one of them qualifies based on the requirement, the other does not, he makes about $1000 net a month when the minimum is somewhere around $2400 net monthly income, but combined they bring in enough to meet the minimum.My question is, can the other brother who is qualified be a "co-signer" even if he is going to be living in the same place?