I expect that to come down.3. 

I just put two long-term rental properties on the market that we rehabbed in desirable area of West End Boise and demand is a little lower than expected.

Do you expect wildcatters to show up in your backyard? 

Overall, I would say this: don't expect wholesaling to be an easy road to make a windfall.

@Karen Seguin, it all depends on what you are trying to convey to your tenants.At minimum, any welcome letter should provide updated contact info for maintenance requests and mailing address for rent payments, and if the legal notice address is different than lease, include that.This can also be a good way to politely remind people of any general rules that you expect them to adhere to.  

Quote from @Henry T.: Right?

Final appraisal came in way higher than we expected and made $57,000 after paying ourselves back and hard-money lender.

t go dark must be a major pain point...unless you have several other STNL’s going strong.

Granted that's apples and oranges, because the new homes are larger and all in the suburbs, but as long as you can buy an existing home for half the price per square foot than a new construction home I would be careful with expecting peak appreciation.

I'm actually doing this right now and am going to hold a recent flip project as the area is going to be developed over the next couple of years and I expect appreciation to rise.