I've done to door surveys before, so i'm going knocking

But rental is assumed so you get the credit or extra income based on Appraiser survey of local rents for similar homes to get the mortgage approved.

But rental is assumed so you get the credit or extra income based on Appraiser survey of local rents for similar homes to get the mortgage approved.

There's no magic Fidelity-style app where you complete a survey, factor in your age, and a risk-adjusted portfolio (in our world, a property to buy) just pops out for your consideration.  

I believe that they send someone out to survey this.

He wants me to pay for a survey and so far the only quote I received was $4,600.

I think after all the amazing responses here and more research, B properties definitely make more sense for cash flow.So like I said in my initial post, I just started with the survey and took the top 10 markets for cash flow, and then narrowed it down based on tech growth.

I'm a big believer in GET A SURVEY...My biggest concern would be the surrounding properties and the neighborhood in general.  

Its used for the section 8 program, but their figures are the result of surveying actual landlords, I know because I'm often surveyed by HUD.

Its fairly easy to estimate hard costs like materials and labor, but what often gets overlooked is soft/holding costs like utilities, insurance, taxes, permits, grass cutting, costs of funding, transportation, survey, selling costs, commissions, advertising, time delays and contingencies.Make sure your numbers are strong.