Those holiday numbers are a bit low, those daily numbers are a bit high. 

., but there’s some good news for renters: local rents have dropped to a 3-year low, with decreases of up to $200.

Last August a decent pre-foreclosure opportunity came available on the MLS and my agent took us to see the home and submitted two offers below asking that were too low for the seller at the time.Apparently the seller was able to avoid foreclosure and the home delisted after it didn’t sale.

Coffered ceilings, low corner additions etc.Anyone can slap lipstick on a pig, looking for high value add in high demand markets is where the $ is.

Would you rather set it and forget it and not need to refi again or rather take advantage of low/no closing costs on this loan and plan to be more aggressive on your rate at the time of your refi?

My father is a contractor so we will be able to complete most of the work ourselves while keeping costs low and add equity.

I've never had something that low, but I'm also looking at roughly $30k in equity on this property. 

Let's just say compliance officers have a hard enough time educating their employers about compliance, so educating investors who don't already know about it, nearly impossible.  

Can't find any low hanging fruit.

Quote from @Michael Daniel: Purchase price 70k currently pulling 900 rent ARV 110 - 140k, rehab about 25k @Michael Daniel That rent sounds too low for that ARV.