Person 2 would have about a 725, person 1 would have about a 680 (assuming everything else is identical on their two credit reports).If person 3 had 5 credit cards, each 2+ years old, and had that $5k spread across them with 5 credit cards each individually at 20% of their limits, they would have a better FICO score than persons 2 or 1. 800+ range.FICO score treats their algorithms as a trade secret that I'm not privy to, the above is just based on me looking at a LOT of credit reports...

I chose welding since it's a short and great trade to learn and I wanted a good paying job to start investing in realestate.

Some tenants have no shame whatsoever.

Find an agent who also buys and sells and just trade work. 

But we did do some trading as well.

Also, for example from someone who is an engineer and does special trade work.

@Justin Tahilramani not sure how you took my reply as anger, but no anger whatsoever, just stating fact. 

The trade off is the lender sends in a construction consultant to review the property and estimate rehab costs for you before even talking to a contractor.

Yes the accent was very strong back then 1980's, but the plain clothed cops were great.We eventually sold that student housing property for a huge profit JUST before it was outlawed by a code change, a GF of a friend worked in the city office so we had 'insider trading' info on the soon to be legislated laws, so we sold it up & running with great rental income. 

If anyone is looking for trades to complete work in their investment properties, I can be of assistance.