You can easily get a 60K foot view of a market by studying readily available economic and demographic trends but to really know the ground level nuances you need to spend some time in the market.

You have to make sure lender will not try to reduce proceeds to the loan amount instead of you having the credit for replacements.The reducing the loan amount might be saving you 20 bucks a month so means nothing versus the 50k credit from the seller.Most mom and pop tenants live hand to mouth and if you shock them with a big expense that raises overall cam above base rent by a few dollars a foot it can send them into a tailspin.

@Peter KopchikWelcome to BP and glad to see another CT member starting off on the right foot! 

Broke my foot, got metal shavings in my eye, broken a ton of fingers, got burned every which way and still made it happen.

The 55$/square foot is reasonable.

Detached Garage and a pool. 2120 sq foot living space and 6900 lot size.

ATM Machine (inside the property or facing the street - street has more foot traffic)4.

She does currently have someone doing the CMA for her though, so I think she’s started off on the right foot! 

We sold out 3000 square foot, waste of space house. 

It probably ranges from $100 per square foot to $300 per square foot.