Calculate your deal conservatively.

I am very conservative with purchase considerations and I feel that this would be a very low risk investment for a lender since there is no remodeling and the house will appraise for far above the price that I will pay for it.  

Underwrite extra conservatively upfront and you’ll save the headache down the road.Best of luck!

This is not a bank's speciality so they are going to be more conservative. 

We'd be paying less than we would renting after taking conservative reserves.

I'm taking the most conservative percentages for all of my monthly reserves but I'm not budging on these because I'll never skimp on my numbers to make something work. 

So for example I'm very conservative and don't want any debt on them because I feel this hardens them in case of a severe recession.

When I find a park I literally have to make a formal financial presentation to her showing all my research, park's financial history, cash flows and anticipated proforma (and that had better be accurate and conservative or everyone in the room catches hell- including the dogs). 

Seller is going through foreclosure process ARV: $225k-255k, based on conservative comps (A buyer had put in an offer for 235k before backing out after inspection)Capital I have to work with: $35,000Rental Estimate: $1,750/mo.

Your deal was underwritten using a 5-year hold period, with a conservative average rental growth of 1.7% and  average expense growth of 5.8%.