Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

Good evening, With the right agent—one who truly understands down payment assistance programs and has strong relationships with lenders—you can accomplish far more than you think.

Your best bet is a Non-QM loan like DSCR or a multitude of other programs that will use normal guidelines but allow the loan to close in an LLC

Quote from @Kevin Mohr: I spoke with them about their VIP program out of curiosity. 

Just make sure you have leads because his program is focused on acquisitions primarily.

Anyone in southern Florida that could offer advice - def not looking for some program etc. would it make sense to try and partner with someone so someone else could help with identifying properties and both kindof would profit monetarily as well as stand at risk? 

i have done the insurance program they want fully furnished homes at least in my experience.. 

The Bureau is proposing certain amendments to the final rule implementing these requirements, including exemptions for certain nonprofit creditors and certain homeownership stabilization programs and an additional definition of a qualified mortgage for certain loans made and held in portfolio by small creditors.

For my flipping business, I prefer to use fewer software programs to streamline things.

After you have segregated your accounts it may not be that bad keeping them maintained, especially if your use a good software program (like MAS 90).