I believe it should be what terms do you feel comfortable lending at, as well as what you negotiate with the borrower.

@Greg Dickerson Once I get more experience & my comfort level goes up, I think I will get to that level.Thanks!

I'm trying to do this sans partners because I haven't researched enough to feel comfortable so it somewhat limits what I can buy solo

Jump into a puddle first if that’s your comfort level, then move into a pond.

It shows that when they will not be so comfortable and not be Able to pay the rent they won't care either, and if they will have an other expense that they want to buy at the time they will rather buy the other stuff rather than paying the rent.Its not a fact at all, but definitely a concern

Unless your comfortable in the area then I would but I personally stay away.

@Shekar Kollu it all depends, start to look around the area you live and see how that city rentals are priced , what kind of rents it commands and there are bunch of spreadsheets in biggerpockets you can plug the info into and see how it does as a rental and once you are comfortable with that area you can start moving to different parts of town.

I want to renovate these homes and use the equity to build my portfolio, yet most title companies or mortgage banks are not comfortable moving forward with that until these are wholly in my name.

I have an off market deal lined up, I'm comfortable with the numbers, and it'll be a good opportunity to gain experience.

Get comfortable and go with it.