I just had somebody submit a lead through my website and here is the interesting part:"It is a private cemetery.

A local cemetery is located behind the home.

My contractor called me yesterday on a house we own out of state and said "You should check to see if your lot used to be a cemetery, I think your house may be haunted".  

Also the city airport is landlocked by cemeteries. 

Area 1 - Did not get a great vibe from this neighborhood . too many boarded up homes, trash on the street etc3 - Triangle below Uni - Closer to university hospital, the houses seem nicer, the closer i got the the freeway to the west, the more run down the neighborhood looked 4 - Clinton Ave - Only drove around the cemetery area, some of the streets seemed very nice.

I think I have a limited amount of options such as a cemetery, mausoleum, a park, or add to the existing structure.

NEIGHBORHOOD, AREA AND PROPERTY CONDITIONS: Neighborhood or area conditions, including Agricultural Use Restrictions pursuant to the Williamson Act (Government Code §§51200-51295), Right To Farm Laws (Civil Code §3482.5 and §3482.6),schools, proximity and adequacy of law enforcement, crime statistics, the proximity of registered felons or offenders, fire protection, other government services, availability, adequacy and cost of any speed-wired, wireless internet connections or other telecommunications or other technology services and installations, proximity to commercial, industrial or agricultural activities, existing and proposed transportation, construction and development that may affect noise, view, or traffic, airport noise, noise or odor from any source, abandoned mining operations on the Property, wild and domestic animals, other nuisances, hazards, or circumstances, protected species, wetland properties, botanical diseases, historic or other governmentally protected sites or improvements, cemeteries, facilities and condition of common areas of common interest subdivisions, and possible lack of compliance with any governing documents or Homeowners' Association requirements, conditions and influences of significance to certain cultures and/or religions, and personal needs,requirements and preferences of Buyer.Things I'd suggest including is investigation of services and feasibility of connection to public services specifically.

All of these may not be triggers for you and me but it may be triggers for other investors.The strategy you had in place is not working -triggerThere were additional costs that the previous owner did not reveal to you -triggerIf you got ripped off by people -triggerIf you partnered with someone and you do not get along or can't agree on nothing - triggerOne of the big employers in the area filed bankruptcy -triggerOne of the big employers in the area decides to move to another city or state -triggerhome owners association is similar to Hitler's gestapo -triggertenants association is unreasonable and troublesomeIf you see another deal that you like better -triggeryou feel the market is going to change -triggerIf the weather changes and suddenly you find that your area is not the same ie drought or flood or mud slide -trigger Insurance increases because of weather change -triggerfound out that the land is contaminated - triggeryou are tired of dealing with the property -triggertenants not paying rent -triggeryou took on more than you can handle -triggerproperty taxes went up -triggergangs in the neighborhood -triggerfamily issues change your priority and you simply cant handle it no more -triggeryour tax abatement has expired - triggertransportation has discontinued in the area -triggerlegislation to put in a new transportation station has been vetoed or approved -triggerthe team (ex contractors, project managers, etc) you tried to put together doesn't work out- triggerillegal activity found on the premises -triggertenants tell you place is haunted and you know someone died on property -triggerdemonic neighborsabundance of pests -triggersink hole formed - triggercess pool discovered -triggerwater contaminationpopulation changeschools accredation changesschools shut downtenants or their family starts shooting at each other or youwrong type of business sets up shop near your property, or they are too close or your comfort. ie gas station or drug dealer or prostitution or cemetery or factorywhatever does not float your boat -trigger

thanks @Jacob James Caballero @Owen Schwaegerle@Owen Schwaegerle, I am buying a 3 bed/2 bath at the toscano community. http://midlandpacific.com/neighborhoods/toscano (Enantio plan) . how much rent can i get for approx 1650 sq. ft. 3 bed/2 bath brand new home.How many bedrooms do you have in the house that you are renting for $3500. also the property that I am looking to buy is around 0.7 miles from cemetery. can that affect property/rental values. thanks for the help

It is good for a check to see how off the calculated number fairs with the actual number, but that is it.The reason I don't believe in an equated ARV is because there are some things you can't measure.If the subject house is next to a cemetery, or a loud bar, how do you quantify that "inconvenience" into an equation?