Here's an excerpt from Guide Note 14 of the Appraisal Institute: The Appraisal Institute text The Dictionary of Real Estate Appraisal, 5th Edition, includes the following in its entry for “market value”: The most widely accepted components of market value are incorporated in the following definition: The most probable price that the specified property interest should sell for in a competitive market after a reasonable exposure time, as of a specified date, in cash, or in terms equivalent to cash, under all conditions requisite to a fair sale, with the buyer and seller each acting prudently, knowledgeably, for self-interest, and assuming that neither is under duress.

This is a good to know point that the underwriters would be looking at the ads for rentals. although linking that to your application is unexpected.

If there's a big unexpected repair, will you not have that $100 for that month?

Historic homes are awesome to deal with, but they can also be a pain in the butt, because there are always unexpected things and expenses.

Just to quickly ask, are there any components that listing agents in particular need to focus on?

Being a landlord requires substantial cash reserves and the ability to deal with the unexpected.

Carbon monoxide is a component of the exhaust from burning heating fuel.

"Now, obviously, mortgage lenders do not have a crystal ball: they cannot predict if someone will lose a job or have an unexpected financial emergency," Antonakes added.

The point is that this type of real estate development presents opportunities for investors.For a successful grocery business, for example, a residential component on the 2nd and 3rd floors with apartments with rental income potential would be a nice way to offset the risk of the business in the store at the street level.

Did you leave an allowance for the unexpected?