Still waiting for my application at the planning bureau to find out which one.

They have calculators like a rehabber both 'top down and bottoms up" where they may create a bottoms up calculation like: 30 square roof with decking, insulation, paint, GC fees, new electrical, for a kitchen fire * depreciation, if applicable Or a top-down estimate: If kitchen construction costs in the area are $200, then the may estimate, e.g. $200 per foot and you have 400 ft damaged = 400 x $200 = $80,000 * depreciation if applicable Some states, you get paid the policy limits even if they are higher than the replacement cost.

Applicants can apply and pay the fee right on the sight.

It is a misnamed act as the statutory definition of "equity seller" does not require that the seller actually have equity in the property for it to be applicable..

OTOH if you price it on the low side you'll have many applicants.

You will have to fill out a credit application of some sort and information about the property.

But I have to move fast, so I don't get the luxury of doing a decent inspection now.If you guys can help, I'll be sure to document the process should I win the bid ;-)Also, is J Scott his book applicable to my situation?

If you have a desirable unit at a fair price you will have way more applicants then you know what to do with.

HiI am renting out a house for $3300-3500 rangewhen I run applicants in NTN they tell me "accept with conditions" co signer , rent to income"One of the applicants was renting a house for 2800 and paid well during last 2 yearsthis applicant makes 100k a year plus receive 650 month incomeI know that in Manhattan some people pay almost 50% of income in rentI am not looking form an A applicant, because he is going to buy a house and move out in 1 yearcan I ask a sown payment rental ?

In fact most states require it as part of the application for a license, therefore; you will need to work with someone to get on the job experience.