I plan to work for about 13-15 more years before I would like to retire.Single family home, on a street full of other houses that look the exact same/floorplan/layout. $238,000, $5000 to closing.

I would definitely consider a rehab project there but it would heavily depend on the street in grier.

First I loved the area where the property was because it’s upper class across the street from chambers bay where the US open was being held that year and the whole area was very up and coming.

So they say it’s worth $270 cuz Zillow says then you need to be able to say “let’s take a look at some differences between the other houses that are going for $270” or “let’s look at what homes with similar specs are going for right on this street” then walk them through each point.

They almost always opt for "easy street"; which is a steady, reliable (even below market), low hassle,  guaranteed return vs. an unknown return that might be exponentially larger or may require more involvement and thought.  

For example, lets you you purchase a house this year at 1235 Newland Street with an assessed value of $131,000, translating into a yearly or current year tax of $1500. 

Go look at some of the main topics on the wall street journal.

The difference in bedrooms didn’t matter because the two properties were so similar in specific ways: layout, appearance, a block apart on the same side of the street. 

There's a tasty pizza and beer place across the street.

Just remember, the profit margins at the local tote-the-note car lot are often much larger than those at the BMW dealer across the street.