Also, there are lenders that will quote really low rates that aren't possible in the current market and once you have paid for the appraisal and wasted a lot of your time, they will change the terms and up the rates because they figure you are in deep enough so you will go along with it. 

I have seen too many investors create a truly beautiful property but a much higher end product that is out of the market norms cutting deep into their profits.

And as I said in a previous post, you may have to go back multiple years to find new builds in the urban area and compare them to resales and see if you can estimate a value difference.There is no easy way to do this in that complex situation and many appraisers, IMO, are not skilled or educated enough to do that type of deep-dive analysis, and/or do not get paid enough (in the current appraisal climate) in order to take the proper time and use the proper tools to do what's required.

To effectively evaluate the financial implications of renting versus house hacking, we'll dive deep into the numbers and walk you through how we calculated them.

@JD MartinI think we'd need more info about the cleaning... it sounds like this was a "rent prep" cleaning from the primary conversion, and so maybe the PM felt the need to do some kind of deep clean?

Quote from @Mohan Deep: Thanks, Grace.Your response made me re-read my first question.

After deep-diving into research about what wholesaling is, I've realized if successful it could be a great gateway to acquire the capital I need in order to buy other properties in my market.

Quote from @Uzziel Cortez: Hello everyone,I am 31 years old and finally ready to dive into the deep end here.Looking over the strategies I think I want to start with Out Of State MTR / LTR strategy.My though is travel nurses or university students will be a good market / consumer base to tap into.I live in Orlando FL but looking at lower cost markets such as Texas or Indiana.Looking forward to hearing any tips yall might have for me.Thanks Welcome aboard.

This is a good analysis and you could go off the deep end with extra numbers, etc..  

#2- have you done a deep dive on your research?