They will review your taxes and, using specific guidelines, determine an income for you based off of your personal returns and your rental income.

You will have high turnover and if you remember when you were 18-22 you may have not been the cleanest or quietest person in your household. 

We've seen some for sale prices on non-flooded houses in the area go up maybe 10% in the past weeks on the premise that they did not flood.I personally think that it's people being greedy and they won't sell for that.

The person who has great cash-on-cash return almost certainly has bad (or suboptimal) return-on-equity.

But in the end, it pays off, and allows you to be a part of a neighborhood's renaissance, which is rewarding both financially, and personally.

When evaluating the deal for my own personal benefit I do.

She seemed like a nice person and begged me to look past the bankruptcy because of the identity theft. 

The last foreclosure sale I personally experience about 1 year ago went for about what the comparable sales in the area were selling for.

For various reasons, I'd really like to get a tenant in there who has personal roots/ties in the town I'm in.

First of all, if they are thinking about selling a home subject-to the existing mortgage, they will definitely want to make sure to do so with an investor and not a person who wants to live in the property.