I do agree with Dan that appraisals are more unpredictable, but would expect this to improve with increased activity & national recognition of ADUs in the lending world.3) Not sure what is meant by stability.

We have an amazing relationship with our community bank, and if the rate is a bit higher, the ease with which they work with us, the speed, and the relationship all make up for it.Thanks for an insightful post.

Often times with wholesale deals, speed is the name of the game, so taking time to conduct lengthy due diligence is not an option.

You can always speed up the equity/ARV if you can renovate or add sqft possibly an ADU.

The speed was more important than the price.  

My coach says to move by the speed of instruction, but I'm not sure if my own market of Sacramento, California is worth spending a lot of time and money in, especially for rental properties.

SPEED - I've had private loans close in 4 days.

Alternatively, once the existing tenant is out, you can lease at market rate.The real challenge of "non-landlord friendly" areas in the form of: your ability to adjust their rent from one lease term to the next, rent control issues that would limit your ability to ever push rent increases over time, any mandates on required renewal options for existing tenants (typically come with rent control measures) and the ease and speed with which evictions are processed. 

I made the mistake of listening to realtors who pushed me towards using Anderson 100 windows on a few for sale projects citing the name recognition will help sales.

I dropped it for Propelio because better real time recognition of d4$ and Propelio tells you what's going on with the house next door in addition to the platforms other features.