Note: an identical SFR Down the street just went under contract last week for $174,900.The value add to this place will be when we add a new kitchen,it is a small one so I will do it myself and per my wife/boss on a strict budget.

If you take two properties that are exactly identical except one has higher taxes, should you enhance your analysis so you see the difference.

They even preferred that bath over the one that had tub, with subway tile around the tub (rather than a plastic surround), and the main bath also had an upgraded maple vanity with granite counter top sink with matching mirror (floor was almost identical to the other bath).So the bath with more $$ into it got less bang than that cheaper powder room conversion - it's crazy, unpredictable and very hard to gauge what a buyer will be attracted to sometimes.

Ok guys here is the rundown.(2) buildings of 12 units are built. 6 over 6 plan about 900 sf each unit. 2br 1ba all units are identical.

Just not a practicle situation yet.Go to a local REI meeting, find another investor and keep your friends identity to yourself as well as what it's to be used for, not that many in that business.

We had a close call on a very large deal from an investor and bank that had mirrored the identity of officials in Dubai when they were really in Nigeria.

So even if you pulled almost identical comps within a 1/4 mile you could get burned.

Two identical buildings can have vastly different rents because of the timing of their leases. 

During this process, you will have to submit an application form together with all the supporting documentations (such as a photocopy of your Identity Card, pay slips, EPF statements, booking receipt and etc) to the Bank and the Bank will assess your credit profile to determine if they want to approve or reject your application.

We did notice that our unit 2 bed, 1 bath rents for $1600 a month and an identical neighbor unit rents for $1200 a month.