Price per square foot- How important?

[David Slamer]

Good morning, as you analyze a deal, how important is price per square foot or where does it fall on your list of factors going into buying an investment home?

Thanks!

[Ed Emmons]

For me it doesn’t. It is all based on cash flow and market value.

[Darrin Carey]

Price per SF is a very low impact in our market.

Bedrooms, Bathrooms, and garage is a much important locally.

[Mark Zych]

Too build upon OP's original question, and considering Ed Emmons' response...

If strong rents support a SFR house purchase price, is there still a point at which a purchase price might be too high (relative to the price of SFR homes being bought and sold by owner-occupants or replacement value, etc.) to justify the purchase?

Mark