I can see huge spikes in the gas bill when they use it.

every real estate book i have ever read said focus on cash flow not banking on speculation on hoping for a spike in appreciation which most investors in NJ focus on or bank on loan pay down. i am looking around NJ and i am seeing rents sky high and see some reduce. i am open minded but also focus on cash flow as anything else is risky no?

@Kevin N. so, the decision seems to be: do you take their offer to split the difference, or do you dig your heels in and say you're not paying over the appraisal?

@Zhanelle Spikes congratulations and best of luck to you on your upcoming real estate journey coming up. 

“Given where we are in the economic recovery and since we’re not completely out of the woods with COVID and supply chain issues, I think the government will avoid at all costs creating a political nightmare that would put more pressure on the economic recovery,” said Liz Young, head of investment strategist at SoFi, an online personal finance company.An unresolved debt limit could also mean a spike in mortgage rates and other consumer borrowing for Americans.

(I'm estimating about 40K of repairs total)I would be using an FHA loan with 3.5% down at a 4.65% rate (Apparently there is a huge spike due to liquidity issues, I was originally quoted at 3.35% so this is really blowing up my numbers). 

There is no question you absolutely want to get that power of attorney, just understand it has its limits so be prepared for those contingencies.3) Property insurance is the achilles heel of all subject to transactions including a land trust as done improperly (sometimes even when done properly) it tips off the lender the due on sale clause has been trigger. 

One is Plumbing and the other is Electrical (my achilles heel).  

Electric can also spike in the summer with A/C.

Many say the reason housing prices have spiked so much is because investors come in and buy them for short and long term rentals to make big profits.