. - There is a high probability that rates do not come to 2%, 3%, or even 4% for a very long time... possibly decades. 2% - 3% interest rates were a complete anomaly

Shouldn't the cost of doing a check on an prospective tenant, be listed *somewhere* on the SmartMove website??  I'm logged in as a landlord, but I can't find a number anywhere... Interestingly, even the 'Pricing and P...

I have a current project with comps coming in around 400% but that is an anomaly.   

However, what I'm referring to is a specific anomaly where lenders retract their commitments just before closing, often due to liquidity constraints or market uncertainties.

But that is not an easy-lift so I hope all reading understand anyone getting such approval is an anomaly, not the rule. 

:-D I'm curious if I am just an anomaly!

That's literally what he has stated in his videos and he's a top producer.An anomaly????

The value just isn't there and even if it is, it's unclear if it's an anomaly or if the higher market values we're seeing right now will hold over time.

It basically all but confirmed for me that anything that doesn't hit at or is really close to the 1% rule is just not going to cashflow... at least not with the inputs I am using, I could manipulate things to "make it work" but the assumptions were based on deep discounts, getting into a lower interest rate down the line, or 0'ing out things like property management.In order to run through a lot more properties I have recently transitioned to doing a bulk scrape by zip codes of the MLS to look for anomalies in $/sf and to do a 1% rule check. 

Maybe it was just an anomaly but personally, I wouldn't.