If you are an investor making a decision in the next 30 days or focused on a one-time decision it can be helpful, but that's it, in my opinion.There are other ways you can do market research, however.Also, keep in mind, AirDnA data is skewed *ultra* conservative in my opinion. 

The coupon brings this price-per-gallon down to $25.86, which is more reasonable but still expensive.It's great paint, but does not perform significantly better than HD's next best paint, Behr Premium Plus Ultra in flat white.

Luckily, I was ultra-conservative on the deal as a whole, so we didn't lose money...

They're also super duper extra ultra conservative on the cost of repairs.Couple negatives: The county is going to assess the property taxes at the total loan amount, not just the sales price on a rehab loan.FHA requires you to have PMI if under 20% and won't let you out of it until payments bring down the original loan amount to the original appraisal amount.I did a cash out refi after everything was done because my equity was above 20% by that point.If a house is eligible for a HomePath Renovation Loan, does that automatically mean there's a TON of work that it needs?

Jason D,Seems to me you got ultra bargain since you bought for deposit which is probably only a few K.

It could be a plan by the few people that really control the world's money to transfer trillions of dollars of wealth to the ultra rich and powerful.

I think a lender would be ultra conservative in the LTV to protect themselves.

The types of mortgages may differ, i.e. some of these were VA, FHA and traditional lending, but depending on the objective of the borrower the lenders are out there and not all of them are ultra conservative.

Asking Price: $54,9003BR / 1BA, 1,000 sq ft, built 1966.Rent: $750/moFinancing / P&IPurchase Price (ultra-conservative): $54,90020% down: $10,98080% financed at 5.00% over 30 years - P&I: $235/moExpenses10% Vacancy: $75/mo10% Prop Mgmt: $75/mo10% Maint Reserves: $75/moTaxes: $81/mo (based on assessed value ~$30K higher than purchase price)Insurance: $60/mo (estimated)Advertising: $8/mo (will mostly use free web-based media)Total Expenses: $374/moCashflow to the face: ~$141/mo.Looks good to me.

Not sure who is advising you to step into multi million dollar deals on your first go round, but that appears to be ultra aggressive to me.