We are also adding avg times shown before house is leases, tenant surveys as to why they are picking their homes, tenant profiles to include income and credit score by area/zip code and renewal rates.  

[X] ENVIRONMENTAL SURVEY: Within ____ Days After Acceptance, Buyer shall be provided a phase one environmental survey report paid for and obtained by [  ] Buyer, [X] Seller.

One word of caution - I am going to assume that you never had an asbestos survey done.  

Took the survey.

All the zoning, surveying, structural engineer, permits, and subs have already been taken care of and we are hoping to start pouring the footings this weekend.

This is a small expenditure of money, and it's flexible so you can work around your schedule.Also you may want to look into:Completing surveys on line; you can make $10-20 a week for a couple hours of answering surveys.

That is my ultimate thought/suggestion for anyone new...survey as much of the "landscape" as possible, then formulate your plan and execute the hell out of it! 

Take a 10 minute survey for a chance to win $50 to the BiggerPockets bookstore.

For even more accuracy, we choose to only use comps that are 1/3 mile away or less, with sales dates within the last six months.Sometimes, even the street can make a difference in the value of a property.If the only comps you have are on very nice streets, but the house you’re considering is on a very “distressed” street, then you have to reduce the ARV.How much is an appropriate reduction is a judgment call on your part.You’ll want to base that call on how much of a discount will be necessary to entice the final owner/occupant to buy this property over one they can get on the “better” street.If the comparable sale that you are using is too different from the subject property, then it is of little value.If you use it in your sales marketing, you’ll lose credibility with your Investor Buyers.An example of a poor comparable is when your subject property is an old cottage fixer-upper, and you compare it to the sale of a brand new in-fill (an in-fill is a new house built on a vacant lot in an otherwise established neighborhood).Rehab dollars vary according to level and detail of the job – everyone has a different formula.As a wholesaler, we suggest a middle-of-the-road approach for estimating enough rehab dollars to get the subject property to look like the comps.You’ll need to spend more on rehab as the ARV increases.Logically,buyers like more ‘pretty-ness’, higher-end fixtures, cabinets, etc. when they’re paying $200,000 vs. when they’re only paying $100,000 for a house.Buy/Sell/Hold costs are all of the costs associated with:üThe purchase (loan origination fees, title insurance, attorney fees, survey, appraisals, etc);üThe sale (real estate agent commissions, marketing and advertising, closing costs paid by the Seller); and üHolding the property (mortgage interest, utilities, taxes, insurance, etc.).

Take the survey here!