I dont know how pharmacists get paid, but hopefully its all base pay :)My point is, say the worst case scenario for me is my back end debt on my 'low' base pay.

What we are really looking for is the worst possible house that is still liveable and eligible for bank financing.

Thanks @Jake Goehring, that's precisely why I said "experienced" rehabber and "needs new everything, inside and out" in anticipation of and expecting the worst in every aspect of the rehab.

And also, if-worst case senerio-we had to walk away from the condo because of no renters, could there be repercussions with our new home?

My guess is that they will counter at the worst.

But their worst trait, again my opinion only, is they are the least likely to know true values and fail to get professional help to figure it out.

At the end of the lease purchase I could actually have equity in the property… And him committed to buying the property at the price that we agreed on at the beginning of the lease purchase..My question is this- if at the end of the lease purchase, I decided not to buy the property, or cannot qualify, we're just Decide to walk away… What is the worst case scenario for that.

I guess the worst that can happen is they say no, and I come crawling back, right?

Bill, you have a lot of experience and thank you for sharing it, but do agree that you tend to portray the worst case scenario as being the most common scenario.

Even at 50% LTV, you'd have an option.Write down your own best, middle, worst case lending scenario.