The worst thing that can happen is you lose so much money on your first deal that you get knocked out of the real estate investing game forever.

So don't just beg to be there worst client (what do you call a customer/property you make little to nothing on other than a bad deal). 

To add to @Ruth Lyons comment... smart bidders assume the worst.

Granted, I am no lender but you should have a credit score hovering in the high 600s and above, a low debt-to-income ratio, and cash reserves on the side for worst case scenarios. 

I know the Framingham market well, I went to FSU for college and even if this is in the worst neighborhood at that price I think I could find a buyer for it. 

So right now I am listening to what the market is telling me and selling my property that are the worst performing.

I know of a guy who used his VA entitlement to buy quads, he would live in the worst unit for a year or so, do a live-in flip in that unit, use cash flow to save up and conventional refi after seasoning period, then VA Loan again.

@Darius OglozaThanks for the suggestion.The tax for the last 5 years was 350/year so under $30 a month.I used 520 as my tax but I agree that seems low, i will make it higher since for me it is better to use the worst scenario always.Thanks

Think of the worst thing that could happen, assess the risk of that event happening and reason backwards from there to a number (premium) you can tolerate. 

What is your worst return in the last five years?