To add to what @Chris Mason said, if you choose a Freddie Mac. loan, it will be .5% of the outstanding balance as to what the assigned payment will be while its not yet showing a payment on the credit report.

We went to sell and the City put over $6000 in outstanding water bills for 6 of the 10 units as upcoming liens on the properties and now showing on HUD as expense to Seller(now us). 

However, there are plans in place by Caltrans to expand highways 25 and 156, which are the main arteries connecting Hollister to 101.

It is important to note that you have only explored new construction with us, which is great because I think new construction is an outstanding option for a newer investor.

You will be able to rent out rooms to med/dental students all.day.long which is a great tenant base.Longfellow area gets pretty rough as you head along troost and cut through to I-70 highway via Jackson st, but the city has been developing that troost corridor from Jazz district all the way down to Rockhurst, so I would argue the 'gentrification' is in full affect in that area.

The builders will not finish the work if you close with outstanding items.

(at least, that's what I think/hope will be the case)I did use the calculator using my outstanding mortgage balance as the purchase price of the property and I included forecasted tax and insurance expenses as well as including lawn/property maintenance costs AND I calculated it using 10% property management.

Ask the loan officer if there is somewhere else to list all debts and their outstanding balances. 

If there is a deck or patio that looks to be sagging or poorly constructed, it could have been built without a permit (not inspected and not done properly) call the building department as ask of there is anything you may need to know about that specific property. there could be outstanding fines.  

Are there any unusually annoying noise disturbances from factories, airports, highways, etc.?