Demand will keep home prices from falling except for cities losing population.

It's not rocket science. correct, exactly like i said, the zEstimate comps from comparable house in the same complex could be wider as 1 std deviation. but potential seller is also not accurate if they said their neighbour can sell for 1 mil and they expect the same while the house is only being able to be sold for $900k , for example.I do notice, the market where DOM is strongest, the zEstimate would be more accurate.If your DOM is above 50 then forget about to use it at all.

Much less competition in these areas, more distressed properties/sellers, higher % spreads in between Acquisition Cost / ARV, and less capital intensive overall to name just a few reasons.HMLs can be helpful for Acquisition but depending on the price of the property, the fees can eat up much of your profit, especially if there's not much "meat on the bones".

Favorable landlord/tenant laws, taxes do NOT reassess on the sale, land constraints with lots of demand, tourist destination (Lake Tahoe) right next door, consistent job/population growth, very minimal amount of pests, etc. 

There are a few major factors that I consider when looking into a deal-making sense.Let me first start by telling you why I believe this is a good deal then I will go into my deal killers.Why this deal works:1. 0% down seller financed2.

If anyone thinks they have the expertise to target pre-foreclosures in the face of federal laws, attorneys being in the mix dealing on either side of these matters, Realtors being aware of the legal environment, banks delaying procedures in anticipation of sales or solutions, bank employees reviewing contracts and pending steps, what a seller may do in expectation of a sale and other issues.......well, you just have at it.  

So just purchased my first rental property last week and during closing the seller of the property got stuck paying a lean on the property for $4000 dollars due to several different old tenants not paying their electric bill. 

How is supply and demand effecting rent and vacancies?  

Most sellers do not want to deal with FHA 203K due to the timeline it takes to close but in a slow market its possible.

When it came time to to buy and close on the home the management company had compiled 4 yrs of payment history that was reported to credit bureaus and had all ready reported the prepaid 10k down to the seller too.