The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

We carefully select our base price after looking at comparable properties, neighborhood data, data from previous years, and, of course, considering the condition and quality of the home.2.

We don't know when or if rates will drop any time soon, so it may be worth exploring the 2 and 3 year prepayment penalty options and compare the pricing there.

Do you have any existing insurance to compare it to or you've just been getting quotes on properties that you are considering purchasing?

.- HELOAN option - There is a small chance that you can pull out the equity using a DSCR HELOAN but make sure to calculate the blended rate and total payment before moving forward and comparing that to a full new 30-year fixed loan.

Does resent comparable sales impact office values in same building at all or we only need to look at CAP rates and determine the value based on CAP rates alone?

I always wondered how taking an overall average of RE appreciation and comparing it to anything is a true measure of investment when including good markets with those that are collapsing.

I keep comparing to Aussie and other countries world wide.Buyers agents pretty much don't exist and only listing agents do.They list the home and homebuyers inquire and then the listing agent shows the property, etc...Homebuyers rarely if ever have a buyers agent negotiating or representing them and homebuyers just do it all themselves...

But the significant difference in the quote compared to Proper's (200% more) makes me nervous I'm missing something.  

@AJ Santiago I have a few STR’s in big bear that I brrrr’ed into and my company manages STR’s for us and others with about three times the revenue of the 50% percentile of comparable properties.