In fairness, I would not expect a realtor to be knowledgeable in building science across geographies.

When 2021 hit, we really started digging into the science of investing (books, BPPC, BP webinars, etc…) and realized that we will do whatever it takes to live the financially free life style.

This is not rocket science. 

Real estate is a science and an art, the science is basic real estate knowledge, laws, markets, customs and tradecraft.

Calculating ARV is just as much an art form as it is science/math.

If you can get the financing, the plan is likely to work well.I have my BS and MS in computer science from SDSU. 

Harvey,There are a variety of factors at play, region will play a factor, age of property will play a factor, diminishing returns plays a factor (for instance going from 2nd to 3rd bedroom will be more valuable then 3rd going to 4th) To me the key to to a CMA is get as close of comp as you can when it comes to these factors (square footage, bedrooms, bathrooms, age, size of garage, size of yard) Once you start diverting too far it become a bit more of an art then a science. 

Its more of an art than a science sometimes.

What is fascinating to me is that the city council and mayor somehow interprets the data differently than realtors and folks actually in the real estate industry.

I have a friend in DFW who comes from the homebuilder/carpentry side (higher end, modern building science-driven homes) and he is completing his first tiny house build.