Hi Israel,I own multiple SFH out of state and apartment complexes ...We (me and my partners) host meetup in Los Gatos dedicated to out of state investments.It is a monthly event and we have one scheduled for tomorrow March 28.Feel free to check it out:meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/Boris

Yes, it was nearly identical, but had no garage.  

And I'm not sure that you have looked closely enough at the numbers on your Reverse Exchange, or the identity of the property as "vacation."

After I can verify their identity I give them the code to the unit.

Funny enough, someone else made an almost identical post yesterday, but asking for tunkey properties and he was given the same numbers. 

v=2BNfRtb7TgY I've had people try to 'negotiate' away their PMI with me using a BofA quote (I've seen that article you linked many times, it was a great paid advertisement ahem excuse me 'news article' that went viral), and it's always identical to LPMI given the pricing on the day the "no PMI" Loan Estimate was generated.

I've never purchased a deal this big.Here's the basic deal:I have the option to purchase 6 almost identical duplexes as a package for $770k.  

The property has 4 identical units, 2 up and 2 ground level. 

(Unless identical ones sell for $160k+). 

Cap rate is also determined by a market: identical properties in San Francisco and Rochester will sell for wildly different prices, and depending on who you ask, the "better" Cap rate might be 3% or 12%.