@Paul Sundin, CPA   From my perspective these CF forums are the new HML's..

CAP rates essentially show the desirability of a property (both from owners' and tenants' perspectives).

I just usually don't have the budget for it.Floor & Decor in metro Atlanta has a pretty decent selection of tile...although lately there has been a shift to 13"x13" tiles and it's getting tougher to find decent 12"x12' anymore.

If it something you have to capitalize, then the advantage shifts to doing it yourself.

You put in zip code for area to get approximate material and labor cost..This helps me keep things in perspective.

I'm posting this for advice because there are multiple BP members who are currently discussing the different possibilities with me, and it's been discussed that we hear out different perspectives before sitting down with an attorney, in order to have an idea of what has worked with other people.

You should know whether the policy covers basic (okay), broad (better), or special (best) causes of loss.Just my .02 from the insurance agent/RE investor perspective

@Michael Herr yes I understand Millie's perspective.

The numbers look great but the neighborhoods are very intimidating from a suburban's perspective.

Your RE agent should also be able to pull comps for you as well and you can take a look at the pics from when the properties where listed.You will also want to be evaluating these properties from the proper perspective.