@christopher phillips My realtor sold an identical house on next street over 8 weeks ago for 131,000 but it needed updates a roof and Windows.  

A lot of people don't realize that if you purchase with HomeReady putting 15% down and pair it with lender-paid mortgage insurance, your total rate could be virtually identical to putting down 20% if you have high 700's credit.

If identical buildings not encumbered by long term leases are for sale and one is performing to market at $100,000 NOI and the other is mismanaged and only collecting $50,000 NOI AND the market cap rate is 10% then only an idiot would sell the first property for $500,000 while the second would go for $1,000,000. 

There is a small difference in training maybe - but the end result and the listing database are identical.

This is your best defense against damages and security deposit questions later.Just a word of warning, with the new identity theft focus, you need to have good processes in place for protecting that personal information.  

Kody,I am looking for identical repositioning opportunities as well.

If you are currently residing in Israel, I am also a Certified International Property specialist and may be able to provide resources to help with a purchase from outside the US.

And the Hutto area homes were all in the $200K range, identical, and "little houses on the prairie".  

.$70,000 out of pocket v $12,250 out of pocket (let's pretend closing costs are identical, so only the down payment changes).What is the cost of keeping that $57,750 in your pocket? 

You can have two identical buildings next to each other with different cap rates.