We invest in the Indianapolis Indiana market and focus on properties around the $150,000 to $190,000 range that are older homes in good areas that have updated roof, HVAC, plumbing, windows and those type of higher cost items to make sure it has good bones.   

They have a huge amount riding on simply getting you to agree with them, they don't have to be right and they don't spend any time trying to get the perfect comp numbers. 

You are also at the mercy of a perfect pay history and to service companies that if a payment is ever late even by accident.

I was looking into it but I found a condo that was perfect for me, so I went with that.

Not perfect for you then change it later.  

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that's a perfect point! 

In reality, unless all the plumbing is junk galvanized, 80's/90's poly pipe, or similar, you can usually just make a few repairs and have a perfectly fine water system.

Sounds like she really timed that one perfectly and scored a big win.

I often see these large obsolete homes and think they’d be perfect for senior congregate living.