Example: Let's say the total loan is for $100k and John Doe provides $40k and Jane Doe provides $60k.

The calculation is based off of the total acquisition price of the home (purchase price + renovation budget) not just the purchase price.  

@Kourtne Stancil I actually am taking an online marketing course at the moment for using Google and Facebooks ads and its very informative.

I'm combing through ADU regs right now and seeing what is/isn't allowed, still interested at this price if I can't AirBNB it, as even allowing $500/sq' build cost, my total cost is about $250K. 

PRIOR to background  and credit, I just search the local county online records and make calls to past landlords and employer.

During the seminar, they mentioned that we shouldn't go online because there are sites that would put down the paid mentors. 

Taxes are about 150 a month Basic insurance will likely be about 60 a month Im figuring 150 a month for maintenance and capxThe morgage would be 305 a month if i do 15 year at 6% with 20% down Totaling to 665 Rent in the area is around 800 a month.

With these recent comps, I've just been wondering if there could be anything to this bizarre and totally illogical thought of "am I just priced too low for some reason? 

The first set of contractors sent to the property provided a preliminary estimate of repairs in which they are quoting a total of $86,000.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.