And while yes, no one has the same pricing (combination of factors), I also continue to check on a regular basis our rankings and how we "present" on total costs per stay vs. our competitors.My gut says there is price creep and we might have a ways to go before the market really corrects.

Income: Verified monthly income must be at least three times the rent (minimum $4,200 combined).

You just need the labor cost to install both of these - but even combined with the labor cost, it makes so much more sense to do it this way.Kitchen and Bath companies are a wonderful resource for homeowners, and I'm sure some out there give super fair prices to investors!

Sell the home to whoever your target tenant will be - modern, sleek, urban, renovated, bright/spacious; then sell the location - not whether they have a bank account or need a 7/11 - just that it is located to 'dining, entertainment, shopping, more.' 

Investing in area you're less familiar with combined with multiday travel can be more costly than spending more in your own market.

If you want to combine two or more lesser sales into one higher purchase that is fine as long as your purchase meets the timing requirements for each sale.  

For instance, Berea is a charming college town, but the combination of local taxes and less favorable price-to-rent ratios makes it less appealing for investment compared to other areas in the state.Agree here! 

I've calculated the lump sum costs to be $9,500 for buy and sell combined and a monthly reduction in cashflow of $347 due to the new loan and taxes.

However, it is perfectly acceptable to combine all tenants’ security deposits into a single account.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.