This is not the cheap markets but the higher cost markets.This year I added a half bathroom out of existing space in a very expensive area. 

It is hard to pin down specifically, but that seems to have been a factor in a few of the ARV-Appraisals that I've seen and has impacted the refinancing process.Otherwise, it has been a great market for my clients, great cash flows and repeatability which has really helped as they have scaled.

Most of the members invest in USA, but UAE, australia and several places in Europe are represented.

For FHA, the underwriting guide says 75% of the lesser of A.) the leases/rental agreement or B.) the appraisal comp rent schedule.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

US, UK, Australia and other parts of the world are more for "traditional" investing in real estate for capital gain.

Has anyone worked with them before and can shed a little more insight into how they work and operate? 

This means you’ll pay short-term capital gains tax at your regular income tax rate.2.

Looks like you have a ton of experience and will be a good asset to this group! 

Hi Irene,I had a client that did this with a home and a barndominium next door.