Give me two essentially identical homes to rent and I'm subconsciously willing to spend $50 more per month for the one that has granite counters in the kitchen rather than your run of the mill laminate.

Then you need to verify their identity, ownership of the house. 

Learning all of these tips and tricks is what makes it fun in my opinion.My scenario is this: -was in process of buying 3 unit multi from boss-got denied FHA bc he was my boss and also seller of property (identity of interest)-bought the house (actually, got paid) to buy the house with a portfolio loan -am currently house hacking that 3 unit multifamilyMy question is..Am I still able to qualify for an FHA loan with 3.5% down?

There are 3, nearly identical, properties in the neighborhood that have rented units in the past year giving us an OK amount of rental data to run our analysis.

McCray  and @Jeff Burdick - The main property was supposedly built in 1887 and the coach house looks almost identical, just not as deep.

Now the identical sister building is going to be up for So I recently bought a foreclosure duplex that was built in the early 1900's for $260k.

I have posted identical advice several times here on BP.

But, I saw an identical unit with the same floor plan in the same complex on Craigslist rent for $2750 so I figure the market rent is about $2750.

It's like finding a needle in a haystack just to locate the target property...and then you need to find at least 3 other almost identical, sold "comparables" to prove your good deal and current market price...and still be at least 30% below fair market value for nearby residential listings (on top of deducting necessary repair expenses), and at least 40% for an REO...and don't think you can submit a deal for vacant land, commercial or anything else that is not a standard family residence.

Last year when Amazon built a 1 million square foot center here home prices went up a lot.I am hoping this corrects the recent downturn, this means there will be quite a few management people from that center looking for nice homes in the area to buy.There has also been talks of another 1.5 million square foot facility being built soon but they always keep the identity of the place secret until they are ready to break ground.