I think an investor that wants to be in this game for the long haul is going to have reserves, and those should be held as liabilities against the property, so it should deduct from the numerator, in my opinion. 

@Ned Carey, and @Dave Meadows - yeah avl has game. we saw pretty ridiculous appreciation in our neighborhood, like 30% over last 3 years. such little inventory as well. the influx of breweries and the long term development plan for the river corridor / river arts district is so promising. all we need is a surf / kayak wave (manmade whitewater feature) right in the middle of town, and we'll be on the next level!

I don't want to wait, so I'll be looking for a second portfolio lender to do a few loans for me until the first one is ready to come back in the game.

They could be misleading me but that is part of the game I guess.

I am still trying to establish a solid connection with the Florida network and it is not that easy as @Marc Champagne mentioned, it takes a lot of due diligence in finding the right contact. 

From what I have noticed in my research it seems that MF likes to show up around established town centers.  

@javier marchena   These aren't tenants or applicants, these are already established borrowers of the loan.

While agreeing with Dave on personal finances, I also have read all of Robert Kiyosaki's books and have ace'd his cash flow 101 game. 

YES if you are willing to admit to yourself that you will be ETHICAL and play the game to win.......

Chapter 5313: of the Revised Code does not prevent the vendor or vendee of a land installment contract from commencing a quiet title action to establish the validity of his claim to the property conveyed under a land installment contract nor from bringing an action for unpaid installments.