@William Hinsche The Fannie Mae Homestyle and Freddie Mac CHOICERenovation are almost identical to the FHA 203k concerning timelines and processes ... they could be considered the conventional/conforming loan versions of the FHA 203k. 

Everybody has their thing.I'm also not cut out to be a bald, overweight, loser who's whole identity revolves around his work either.

I self-managed my portfolio and dealt with all kinds of headaches with the verification software on the market from them not accurately verifying the job/financials to failing to fully verify the applicant's identity leading to an eviction of a fake CPN (used by Airbnb hosts to get apartments under a fake name).

An insurance policy is a contract and there are no two that are identical.

The Landlord Identity Law, N.J.S.A. 46:8-27,  reguires all rental properties in NJ to be registered. 

Of course kicking in a door is fast too and that is preferable to most thieves who are lazy.There is a rating system for security and the Kwickset are ANSI Grade 1.

If thieves feel comfortable completely ransacking a property in that neighborhood, how long will your investment survive if it goes vacant?

It was designed for one market with identical properties of the same age and condition. 

NOI is the other, and cap simply normalizes it to something you can quickly compare across properties of non-identical value.

But do the house has to be ALMOST identical?