Ten to twenty percent of the whole restoration expense is a typical contingency proportion.Local real estate agents can supply you information on the most valued improvements in your area.

So, my question is how does ground rent show up on the sdat information for a purchase?

If you can find that information it would give greater insight into how much downside you could potentially be exposed to if the tenant doesn't leave as agreed.  

But while I'm taking time to get informed, others are getting things done.

Joe, that is great information and definitely something to look into on new construction is the energy efficiency of the home. 

Thank you Mike that is great information!

@Philip Choi any real estate agent can find you a tenant, but most do not manage rentals PROFESSIONALLY.Many agents do TRY to manage rentals to make a few extra bucks, but they often don't tell their real estate broker and they rarely have software and other necessities to manage well.There are some real estate brokers that also manage properties, but if they don't have staff 100% dedicated to management, it's often a disaster.Check out NARPM.com for property management companies that are dedicated to property owners.

Any information would help thanks 

Providing this information upfront can help to ensure that the appraiser has all the necessary information to provide an accurate appraisal.Overall, by focusing on cost-effective upgrades and providing the appraiser with the information they need, you can increase the chances of achieving a favorable appraisal that will allow you to be front-end profitable on your rental property after refinancing.

I am sure there is a phone number on the letter, call them and explain to them this is not true and understand where they got this information.