I told him it shared a yard with a family with 4 children that played in the yard daily. 

Denise, that credit score will go a very long way from a bank's perspective so kudos to you for getting it up that high, FIS (Fair Isaac Score) is a lender's number 1 determination for a qualified candidate, after that your income and debt to income ratio, payment history, employment status, etc. will go into play.

48 unit apartment complex located in a C neighborhood. 44 2 bedrooms and 4 1 bedrooms. 3 of the roofs are brand new and one needs to be replaced. 

It would be nice to find a way to do this, but I understand cost and liability always come into play with the business atmosphere we exist in today.  

I am opening a 100% commission investor friendly brokerage with a high-end brand and agent training (been coaching agents for 3 years).

if your brand-new in Massachusetts, I would consider doing a lease purchase with homesellers that don't have alot of equityOnce you get at the property under contract, then you assign the deal for an assignment fee.I would get my sales license and write up the listing as a lease purchase listingIt doesn't matter if the buyer does not get the mortgage, you have done your best, but I would do it 1003 application for a mortgage and have a registered mortgage loan originator and look at the 1003 applicationI would give a 12 month lease at market with 3% earnest money, and 3% for your feeYou can target expired listings for houses that have a problem selling traditionally

Anything over 50% is not a CF play but an IRR play.Makes sense?

Here is the list of problems: The front door barely opens, NONE of the doors close correctly, garage door has been replaced but the electrical still needs tackled, no doorbell, no fire alarms or carbon monoxide alarm, no working outside lights, a severe mice infestation (who have now raided my brand new couch), no insulation in the mudroom which is allowing cold air into the house and raising my heating (propane!)

What i was playing to do with the property is see if it's room to wholesale or flip..

Closer, better price points, good rental markets...For me, if I wanted to play landlord, it would be 2 hours max.