It also gives you a chart of the average rental price over the past year.

Maybe even decline a hair.

Fannie Mae 2-4 unit loan to value chart

However, it had a similar effect on sellers, many of whom cannot stomach selling a home with an extremely low-rate mortgage just to buy another a 6-7% rate.According to the Wall Street Journal, “Almost 70% of households with mortgages have rates below 4%.”To drive it home, though, take a look at this chart of median single-family prices in Austin for 2022 (including December so far):The median single family home sold in November for around 20% less than the median home in May 2022, which appears likely to be the high water mark for some time to come.

But what i am is an old grey hair 67 year old who has a lot of experience under my belt and is not afraid to be called a Fear Monger!  

but bringing it current and taking title sub too is something that we have done for years and years.. its hair on fire and you need to risk that your not getting title insurance so its not for those who cant afford to lose the money you would give the seller or the bank bringing it current incase you made a bone head move.

Sounds a hair high to me, but of course we have no idea without seeing the place.As @John Underwood said, this stuff is better suited to a handyman.

Most times clients hair fly through them without review.

And I mentally chart a to do list and cross it off each night.

So it's important to know this going in.Not to split hairs, but improving NOI doesn't change the cap rate, it increases your value.