There are many reasons, but the biggest is that their income statements are loaded with non-cash expense items, depreciation usually the largest.  

I would recommend talking about the steps you took to get over the hurdle to get your first deal, the issues you had to overcome, the lessons learned, etc.I find that the longer you do this business, the harder it is to remember the struggles you had as a relatively new investor -- so, while those struggles are likely still fresh in your mind, write them down and share them!

Despite all the wringing of hands and gnashing of teeth by investors, the hurdles aren't that high.

I'm finding that because our loan amount is pretty small, there's several hurdles in obtaining this type of financing.The building is located in Chicago.Would appreciate any ideas.

Yeah I also noticed and this is the biggest thing for me that many of these auctions it lists the property as occupied and not to approach it.I would assume these are the homeowners who have been foreclosed on.

But, the biggest may not be the best in every situation, so shop around as to terms and rates offered.

The report will tell you the city's income growth, population growth, changes in unemployment, who the biggest employers are, growth plans for the city (i.e. how they will use taxpayer money), risks the city faces, crime rates, and I could go on and on.

Probably the biggest capex for the property.

Our 2 biggest marketing channels are website using Seo and pay per click, and direct mail.

One of the biggest challenges you have is not being around to look over your rental property.