But I agree, the larger homes will appeal to families, but at the same time... they will require a higher rent.

He has offered it to my wife and I to leverage into a larger home (if we cover his costs).

Well wouldn’t you know that at the end of July there was a court document on the door for a court date for him and jane/john doe (me) to attend if we liked.

That way they can give the construction crew keys toe the home, but when the home closes, the new owners just use the reset key on all their doors and they are assured the old keys don't work.

You could get a larger loan, but you'd still be dealing with the same "value" and seasoning issue.

I do have some down payment, not enough of my own to cover a larger deal ($200,000+).My income is not $0.

If you present this package well, then a broker will instantly be able to tell that you do or don't know what you are doing and may decide to spend time on you.

I wish they'd called me earlier.Next door neighbor cut a huge pine down and left all of the branches and tree trunk cut up on my property and his thinking the city would pick it up.

I also use an excel spread sheet (13 pages) based on CSI categories to collect cost data on larger rehabs.

Many larger development companies have gone to hiring separate engineering firms just to conduct due diligence because of this concern.