Market Conditions Aren’t Always in Your FavorHouse hackers often assume their property will appreciate and rents will rise, but that’s not always guaranteed.

The seller received multiple offers and agreed to accept mine—on the condition that I waive the appraisal contingency.The biggest concern was the lack of strong comparable sales in the area.

A conflicting Buyer Agency Agreement is one that overlaps in scope, time, and/or conditions with the current Agreement" but also includes the condition, "Buyer reserves the right to work with multiple agents."

@Albert Johnson  What is the condition of your home? 

It's important to narrow down on the locations and conditions of properties you're looking to buy so you can align your numbers with those expectations.

It is possible though under the following conditions: 1.

Hey @Audrey Sommer, is this in regards to overall condition of the home or highest-best-use of a property for investing?

See the condition of the property.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

–Exception: An ADU on a 1-unit subject property that does not comply with the zoning and land-use requirements (illegal zoning) may be eligible under certain conditions. • ADUs that are manufactured homes are allowed under certain conditions.Good luck