The expected cash-flow and potential for long-term appreciation make them worth considering.

For example, if you want credit scores above 600 but you accept a 580 once, you can never in the future decline someone with a credit score between 580 and 600.The gray areas…I like a credit score above 600, I like my tenants not to have bankruptcyI like my tenants not to have a lot of debt (such that payments impact the Gross = 3X number)I like my tenants to have a history of paying on time Here is a scenario:  Tenant “X” gets past all the instant declines.

So far so good, Jan/Feb were/are super slow (expected). 

You will pay origination points twice but rates are expected to be lower by then as well so it could be worth it.

But if you search for available homes, you'll find many properties where owners are offering great prices.Regarding ROI, have you established your expected return on investment?

@Jaryn PiersonSince you are basically paying for it, you should ask if you can take it over to manageAlso, as Russell mentioned they are probably waiting for the appraisal to come back as if this system costs $50k, you still gonna buy the house as the price will go up by $50k and it may not appraise.They way I would have written this contract is the buyer will perform a septic design and budget and if the seller were to cancel the sale then they will pay for the engineering design and receive design.If you bailed then it’s on you and you could ask them to buy the design from you for future sellers or see if they would pay for it.I am very skeptical this deal will go through way it is written.

If you ended up in a property that has low grade materials, you can replace stuff more frequently than expected meaning higher costs than if you had done it yourself.

But that was kind of expected given the time of year.

Furthermore, Intel is spending 20 Billion dollars to build two semiconductor plants, and many more great things presently and coming in the future.

Perhaps it is not a deal with great cash flow, but you are breaking even and you know that the property you are buying is going to appreciate because the market is on fire, and with that type of growth, rents will go up in the future.