While you're right that a lender isn't going to make a conditional commitment with no specific property CRITERIA, a good lender will help sort through some scenarios and help you determine your qualifying amount in each.From the sellers perspective, I think it really comes down to not wanting to waste the energy of getting the home shown (which, in a lot of cases with multi-family properties, includes giving the proper notice to tenants) unless they know the person seeing it is actually capable of purchasing it.On your end though, speaking with a lender will also help you avoid wasting any time looking at properties that simply won't work.Feel free to reach out with any more questions!

LOL, I'm just trying to help reduce your stress level.

I grew up with parents that have a few rental properties and worked in property management for 4 years, and an MBA, but I want to get into RE investing on another level full-time.

If that 2200 is worth it to you and you plan on maintaining the level of service you expect that your PM is giving your tenants and you, than go for it..

I’ve been lurking for a while and after hearing it an uncountable amount of times on the podcast I’ve decided to get involved with the community to whatever level I am capable.

It is used to understand the effectiveness of policies at a national, state and local level regarding race discrimination. 

The sector is already plague enough with issues, inventory levels, title clouds, marketing ideologies, negative people, bad advice, yada yada.

Granted the park has to be vetted etc and this is not an excuse for negligence but I think many parks that are, or have the ability to produce relatively higher returns can actually have a lower level of risk , at least that is how I would perceive it in some case......

Your numbers would require a 2.1% rule in order for me to cash flow approx $100 a month (albeit, with my levels of financing at 3.5% down payment resulting in a higher monthly mortgage payment + PMI).On an unrelated note, how do you get the @ symbol to display a user?

He relied on the advice of his local attorney who was practicing law far beyond his level of knowledge and expertise and the community owner is going to pay for it.What sounds easy and cheap, often becomes very hard and very expensive.