Also you did not answer whether or not you know what the market rent for the house is - that is a major piece of the puzzle.

The SAFE Act was the first bit of turmoil and seems to have faded as to being of much interest anymore with the implementation of Dodd-Frank.As you mentioned exemptions in some states as to the origination of lease-options I'm puzzled as the S/A specifically mentioned L/O and "Lonnie Deals" as being effected and that states may adopt similar law so long as it was keeping with the intent of the Act.

Puzzled Landlord......

Pulling comps is a tiny piece of the big puzzle. 

As with everything, you have to take a good look at all the pieces of the puzzle, as each has value, then look at what value you are bringing to the project.

My mentor, also my hard money lender, helped me put all the pieces to the puzzle together.

.- Have wholesaled a lot of vacant lots to builder- Love the puzzle pieces of finding absentee owners or their heirs- Have done a couple wholesale deals, but am not really so interested.

Hola otra vez mas,I would be curious to know what this applicant's rental history looked like, what the previous landlords said about their tenancy, and why they are moving.This could override the income puzzle.

Hi Jason,If those numbers are correct I would not let the roof damage scare you away as it seems there is plenty of equity built although the missing puzzle piece is your estimated cost to renovate.....As far as the roof goes, as long as the leak was contained in the 2 areas it should not be a big deal.

I would recommend focusing on a few key pieces of the puzzle right now.