You should not rely on the information, and it may not be accurate, comprehensive, suitable, sufficient, or appropriate.

We also assess the stability of business income and the ability of the business to continue to generate sufficient income to enable you to meet your financial obligations. 

Just remember, no matter how great your plan is, something will go wrong and having reserves sufficient reserves set aside will keep it at the level of problem / annoyance rather than a full on emergency.Best of luck on your investing journey.John

I understand the low CAP rate and the lack of ROI from this property but the situation has changed over the last 5 odd years and I my thinking is more inline with @Heather Schoeman and @Brian Sher. the thing is that with the rental rules changing so much and this being a part time gig I worry about the liability aspect as well as the ROI being low and me not acting on it to leverage the equity sufficiently.

But they don't necessarily have to do it if there is sufficient evidence to support their opinion of value through other means and metrics.

Those buyers are often out of touch with the market and a waste of time.1031 companies are not usually going to go over all these investment types and have vast discussions for a 1,000 fee.

Not having sufficient contacts or referral base5.

Notes to take away from first investment 1) FHA financing is very strict on self sufficient 75% to value rental income verification.

Though you will pay a commission for the service of an agent, a vast majority of the time the increase in sales price gains the seller a better "net" price aka more dollars in the sellers pocket.  

Of course your dad can BRRR two properties at once, assuming his funds are sufficient.