Also yuge factor is the elimination by the Feds of the State property tax deduction, combined with many of those states completely screwing the people that are trying to flee by raising those taxes, and demanding to show where they lived every single day to show they actually left the state (hint, the blood sucking tax collectors in NY). 

Like @Andrew Postell hinted at, to compensate for the higher risk will be some combination of a higher rate, higher points/fees, and an adjustable rate.

Hint: emp theft.

(Hint: pretty big)Third, in the event that he/she ever gets audited (and the IRS may be slow, but they are thorough...) and they find your name in his/her records, you can bet that the you'll be receiving an audit notification letter as well.  

It likely won't impact attracting investors, however the hint of leaving something out on purpose can erode trust with some.

I know what bad property managers feel like----hint-not good.

Additionally, we have a personal connection with the seller, and the property has been on the market for a while, hinting at potential progress since we first initiated discussions.

She hinted at, and I already assumed, the bank went with a higher offer that is financed but are leaving us in the hook just in case.  

Thats a joke with the hint of truth btw.5.

While cap rates may not be super high over there (reference reitnotes.com), hinting towards low absolute affordability, the market is still technically 'undervalued' -8% as based on deviation from its historical affordability/price-income relationship.If a broad-based price correction was top happen post-COVID in U.S. real estate, I would expect a small 3-4% drop in Louisville prices, as income drops in a commensurate manner.