Rather, you are making a decision with incomplete information.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

Hi, I'm screening tenants for a single family home and the husband has no credit history but makes the bulk of the income.

Investment Info:Small multi-family (2-4 units) private money loan investment.

With that said, if you are going to adjust based on price per sqft make sure it's the same number of beds and baths.

I wouldn’t worry about the lender, since the reverse mortgage is an fha insured mortgage they are guaranteed their money.

Be sure to connect with other BP members and make some friends along the way. 

Make sure you have a reliable GC in place prior to buying a deal.

I am starting to believe that I need to learn the tax laws myself since I have lost so much money paying unnecessary taxes because my previous CPA's are not familiar with all laws or they just plug numbers into a software (without strategizing) and then I get hit with huge tax bills that could have been legally avoided. 

Save some money and ask a law student in a university to review.