Everyone's investment criteria varies and sometimes it varies by location and type of property.

I think we are at the point, where labor costs are actually going down as most of the labor relies on big national builder's for their work, and with home sales slowing down, we are seeing labor rates competing for work, which is driving down the costs.

Don't rely on your PM or a contractor. 

Don't rely on a single tenant verification service.

One of the major issues with Zillow is that their Zestimates often rely heavily on a price per square foot basis, which can be quite inaccurate.

Coverage can vary dramatically even within the same insurance company.  

if you think there is more equity there you could have an appraisal done… but some lenders will not re-evaluate a recent purchase for a set period of time… they will just stick with the old purchase price as its value (varies by lender) unless you can show significant improvements you did to justify a higher price. 

Your numbers are simply not worth the paper they're printed on if you really need to rely on a home inspector to tell you about the property's build quality and condition.

If you go that route, the terms will vary wildly, as there is no standard or any set requirement.Also, there is seller financing.

Insurance can vary a lot. depending on location and age.