I have a property under contract in a rural area of Michigan. The insurance quotes are literally 6x the normal cost of a building of similar size. This is due to the property's proximity to a fire station (7 miles) an...

I personally don't like this as I am afraid in 10 years I will have several balloon notes coming due and possibly find my bank "with no appetite for lending" and be forced to sell a bunch of stuff off to get myself out of these loans.

Therefore, the price increase in those markets are suppressed by the additional supply.Therefore, the valuation method seems to reply mostly on rental income, which can provide some information for investors seeking to invest in SFH.

Hire a pet control company to come spray and lay poison to suppress the current colony of cockroaches and other bugs.  3.

You'll have to ask about their appetite for STRs.  

Every US taxpayer pays for fire suppression on federal lands.

Thank you for the detailed responseI got ahold of & spoke with the GC (General Contractor) that built a 10-unit across the street from me and he said he can't really give me an exact estimate because i don't have any blue prints yet. but he did say it cost them roughly $1.6mil to build the 10 unit across the street from me and that he thinks it will be more expensive because labor and materials cost more and some unexpected costs came up on their projectlike the water company wanting a bigger water pipe installed for better flow for fire suppression I believe.1.

Depending what your risk appetite is you can make that money work for you.

Ask for term sheets, and about their current lending appetite.

What is your appetite for rehab or do you prefer turnkey properties?