Is this "requirement" a fact, myth or a convenience factor to pass on a not-so-standard financing transaction to the next lender in line?

You need to find recent sales in that neighborhood and then determine if there are any issues, defects, major power lines, backs up to a convenience store, etc., that could explain the difference.

I would lean towards staying put.

. :)I'd lean toward disclosing only public info and discussing it on the phone.

after attending some of my local real estate investment group meetings i am leaning towards starting my real estate investment career by doing a joint venture with a highly recommended investor in my group. he is the co-organizer of my investor group and teaches a 4 Saturday (which i am not taking) on real estate investment strategies n sustainable repeatable systems. i have bin reading and downloading every piece of information i can on real estate and am confident i am ready to get my feat wet. i would still be actively searching for a personal investment property which i will be beginning to actively searching for on may 1st .. are there any specific questions i should be asking as far as joint venture

Nothing is simple about being a landlord.Karen when things get tough with the properties you will lean on your husband who already has a full plate.

I can safely say that the answers to those questions in this circumstance lean more on the landlord tenant side.

Either way, this would be very inexpensive and super convenient for you.

They lean to the companies that pay their bill.

From past experiences and since I work full time Im leaning more towards a turnkey type approach until such time I feel confident enough to build my own team.