Risk assessment is roof and siding type and age. distance from a fire hydrant. crime rate of area , occupied type. ect.Insurance agent will give you a free quote

Homes priced below $300,000 in the Valley are selling fast now, often on the first day they are listed if the house is in good shape and in a popular neighborhood.But agents have to work harder because of the growing competition.A buyer looking to pay $300,000 or less may get outbid or lose out to other buyers who make offers faster.

got under contract for 47,000 in Cedar Rapids but missed a few things first time through. it's on a slope concrete block foundation small kitchen is added on and no foundation at all.floors are not level the floor plan is all wrong it's a 1900 build don't think it had indoor plumbing originally. so total gut job. might add I'm using hard money on this.now the good points it's on a1.13 wooded acres lot, and houses in neighborhood with 1/4 acres lot about same size age etc are listed around 200k. so any one know of a foundation contactor in CR that does that work?

As well as when I master this field I want to be able to help other people grow their business as well and help them with any questions they may have.

@Nick B. and @Ronald Rohde Appreciate the feedback, this is a business of relationships, so I will look into these avenues over the coming months.Thanks for your insight and guidance, I look forward to learning and growing in the RE community.

I have done some research into top expanding and emerging markets from PW/ULL and over the past few years Columbus has been continually growing and a hub for new migration among recent graduates and young professionals, which has contributed to my goal of working in the multifamily sector of the commercial real estate market. 

Your CapEx amount may need to be higher depending on the property age and condition.Why is the ARV $220K when you did not include any repair/upgrade costs?

Basically your IRA can buy a piece of real estate and as long as it its used exclusively for investment purposes, your IRA would receive all rental income to grow your IRA.I would be happy to connect and answer any questions you may have. 

California conforms to this, so you also would be able to exclude the gain from your California income taxes.I don't know your age so this may not apply, but under Prop 60 if you are 55 or older there is a 1-time chance to transfer your property-tax base from your old primary residence to your new one. 

I’m excited to connect, learn, and grow with this community.Nick