I'm also thinking of turning the roof repair into an opportunity to make it into a rooftop deck which many of the nearby comps have.

They can hop in a boat from a nearby landing to commute to their property.   

I've been watching a couple nearby priced in the same 'over priced atmosphere' & these have been sitting for at least a year & I bet it took 18 months from buy to finish before that.

We opted for coverage without the roof & we still have the coverage with that exclusion to this day.On another property we did have roof coverage & a large limb from somewhere nearby went through it after a bad windstorm, the carrier would NOT cover it.Then again these properties are free & clear so we do not have mortgage underwriters to bother us.

My question is what are people in nearby in MA/NH/ME using to estimate vacancy and credit loss when analyzing/underwriting deals?

You'll find it is close enough to all of the nearby areas, an easy walk to Nulu, Paristown Pointe, Highlands and even the waterfront.

Our biggest value add is simply recapturing the loss-to-lease, which is very achievable based on nearby rent comps.

If the owner or someone who he can trust does not live in an Airbnb house, he/she'd better live nearby.

It's in a very dense cul-de-sac and I know Zestimates are normally pretty bad, but there are a lot of similar nearby houses that were sold which makes me think that it might be ok to use in this instance.

I haven't heard of a bank unwilling to do a loan because their weren't nearby comparables.