Other advantages is the bank will schedule the BPO through you, so you can do the walk through with the agent doing the BPO and this can be very helpful because you can influence the pricing opinion of this agent by pointing out anything helpful that might effect pricing of a home as in repairs, crime stats, school districting, whatever it maybe that would effect that opinion downward.

It basically just scours the web for similar content and then combines them into cohesive sentences with natural language processing.It's not actually generating any 'new' advice, it's just synthesizing the content that's been viewed and re-viewed on the web. i.e chatGPT has never actually built a $100m business, and its production database  (information leading up to EOY 2021 that is labeled "success, 100m, real estate investing, business") may not be the best guide for success in 2023 and beyond.Also the prime problem with non-technical 'influencers' like alex hormozi reviewing chatGPT is that he actually has no clue how the algorithm was built, how the models were trained, how applicable its results are over time, and what the model's limitations are.

The only way you might influence them is if you have evidence of fraud. 

(It really is rather top secret, because public knowledge will influence property prices artificially and is not in the public's best interest).This is why owners need to pay attention to economic indicators, growth and maturity stages and the bigger picture when selecting an area, you should be looking at the area before you look at a specific property.Next, look at the tax benefits of holding a low income property, they will be less but, the depreciation schedule will be behind actual and physical depreciation.

All these folks that say they have done X millions of deals and never had an issue could be lying, exaggerating, or lucky too as it varies somewhat from region to region, the market risks involved at the time, contractual agreements and even the ratings of a bank may influence their actions, you will never know.What you do need to understand is that the DOS has been, is and will be used, to what extent, we don't know, but you need an exit in the event you do get caught up in a note being called due!

Style greatly affects costs.Materials LaborPermit fees (sometimes these are higher than materials)Financing costsEveryone brings different experiences and skills to the table, each region of the country has their own influences on labor and materials costs, etc.

Theses investors primarily do not live in Countries or areas where investing in Real Estate is a realistic endeavor either due to political influences or the housing market of their country.

Also the loan amount and the property income would influence the amount of down payment a lender requires2) FHA only finances 1-4 units, NOT multi units, and ONLY when the borrower intends to live in the property.

You need a BS Meter in this industry to know who is telling you something correct and who is full of it, most are full of it being taught and influenced by the guru bunch. 

Do you think Daniel would give me an honest opinion or would his opinion be influenced by the fact the current owner is a client?