A few unique components of residual income compared to DTI is that they count childcare expenses based mostly on your tax returns, and the square footage of the property determines a maintenance budget (agents think I'm crazy for putting max square footage on my VA loan preapproval letters, but hey it has a legit purpose).VA guidelines are so crazy that I've seen predatory HML model their qualifications on VA so later on when they are sued for predatory lending they can say "but we're just doing it like the VA!

Though we're not sure which strategy we want to focus on just yet, we're hoping to discover that soon with the help of all you experienced investors.Glad to be here!

If I discover any cool tricks I'll make sure to pass them along :)

I will be reaching out to a couple of builders soon and could fill you in on what I discover?

You may well discover clogged filters and/or other issues since the complaint was that the house is cold.If you can, look for any indication of who serviced it last and maybe see if they can tell you how they did it.My $0.02 ...

Everything looked good so I handed her the check only to discover that the $50 pool key was NOT the pool key. 

but to help you with understanding creative real estate i would watch these 2 videos from Phil Pustejovsky. from Searching through BP forums and blogs and podcasts i also scoured YouTube and discovered Phil and his videos have really got my mind rolling in the right direction and gave me some clarity on creative real estate which is amazing when you do not have alot of money / capital to start out.https://youtu.be/vjjrp6pL7yIGood in depth educational vid below.https://youtu.be/lSXGxOiRp7Ai hope these and more of his videos along with BP forums help you gain understanding that you do not need a bank to always invest and as your portfolio grows you will learn that most cases banks are the enemy of investors. and i apologize if this links more videos than the 2 above sometimes its goofy. 

Hi, looking to expand into vacation rentals and I have been searching the forums for a good reference to a short term rental contract in Colorado, but have not discovered anything yet.

The sink was full...later discovered to have an unauthorized occupant as well...https://youtu.be/lU1n3OJ6Omg

I have discovered BP 5 days ago, and have been scouring the forums, listening to the podcasts, attended the webinar this past Wednesday, and have read the Ultimate Beginner's Guide.