Although, some lenders will go off the lowest list price, if by some measure the property does appraise higher (just something to keep in mind).

And I’m looking to understand how a townhome value is compared and measured. 

Moreover, as we see happening in Vermont, you might see legislatures aware that pursuing aggressive measure less from the perspective of outright bans that de facto bans through excessive, targeted state and municipal taxes.

Would you share some thought on the prevention measure on some of the items you mentioned? 

Land Constraints: - Surrounded by dense mountains, our small market only measures about 15x20 miles. - Lots of demand from Northern California, and not a lot of supply. 2.

I do not know how much they contributed to the two defeated equivalent measures but I suspect it is a similar amount. 

We then aim to close on the replacement properties as soon as possible after the relinquished property closes.

Starting with the aim of finding a cash-flowing deal is smart.

You will know exactly what is in each house, what the measurements are, etc. this means that if you have many you can have a standard depreciation schedule for them, it also means you can track statistics on repairs (a quote for a single home is completely applicable to any other property), how long appliances last, etc.

Congratulations on building your portfolio with three townhomes and aiming for 10 properties by retirement!