Thank Michael for the explanation.

That explanation was great.

Obviously, the numerator is the Gross Scheduled Income, but what do you folks use in the denominator (purchase price, purchase price + rehab costs, ARV, etc)? 

Numerous times, we have started dialogue with real estate agents, and after a few emails back and forth, they seem to disappear!

Financing is not that complicated but there are numerous options as long as you figure in all of your costs you will be good to go.

@Russell Brazil that explanation seems to be a tad on the negative side :) you don't think a few new (or experienced) agents can get together to learn/improve from each other? 

It should show your underwriting numbers and give a good explanation about the property.Good luck!

The numerous resources are impressive. 

I have heard several people offer up ideas like 2 separate checks for rent and rent credit, but that kind of flies in the face of the buyer paying on time.I have sold numerous houses on lease-option.

Its probably at least $80 a month less in a Midwest area if not more and with a great team those numbers can be lower even in more costly states.Of course many people do not focus on these properties for numerous reasons such as:1) While the numbers can work its very very tough esp. if you are not local and its just so much easier to do other properties.