The math is obvious but there's a natural tendency to go for properties you can obtain at a lower basis.

AZ is not prone to major natural disasters so investing there is less risky with regard to those types of setbacks.  

Either through value add or naturally. 

I would assume that it should be blocked off with some type of decorative tile or something of that nature.

I am assuming brrrr do similar but in reality, due to conservative nature of refi appraisals, I suspect they achieve less valuation if based on the refi appraisal.https://www.sandiegouniontribune.com/2024/12/16/home-flippin...

I also wouldn't be where I am today in terms of my contacts and relationships with vendors, to be in a position to self-manage confidently out of state.All that being said, if another deal with the same amount of hair on it presented itself to me today, I would pass simply because my risk profile has changed.

Then they are changing the nature of investment by investing in sometime called Mission 10k. 

Naturally, this makes some other people (read: voters) unhappy.B.

Be interesting to see the inner workings of the deal and how it was underwritten.The big question in life, not to be or not to be, not nature vs nurture, no, what is the difference between a HML and a PML? 

That feature is bundled in a Resident Benefits Package I have as an addon through Second Nature.