It is a premium rehab, and I'm unsure of this wood.

I've just grown skeptical of the Fannie process so I've moved on to non-Fannie deals.I believe the Fannie deals are going at a premium to account for the special financing terms (lower LTV ratios and ability to finance more properties than the usual Fannie limit).

I'm curious if you sense this is true, but I've often wondered if you could charge a pretty big rent premium for a pet.

They're paying a premium for the conveniences downtown has to offer but that's o.k.

(ie. find the value of adding a 3rd BR and find the value of extra SF)-You could estimate the rent premium of the 3rd BR.

Though Central Austin is can be a very lucrative location to invest, purchasing properties there come with a premium and lots of competition, maybe researching and investing in areas that are more affordable could lessen the anxiety of starting out.The links to building your foundation is good idea as mention by @PaulTimmins above.

I am constantly amazed (around here) how many poorly built 2x4 cookie cutter homes are still able to sell for premium prices as long as it's in 'pleasant-ville'.

I believe the premiums would be so high no one would buy it.

The combination of the added living space and updates allowed me to really pull in premium rents/usually less than 24 hours from vacant to rented and the initial (plus ongoing) equity increase has been phenomenal.Of course the downside is that you have to float the house for ~2 months before you are done with the work and get it rented out.

They both state Total Estimated Premium.