@Jeremy Hartwig  You can always pay for an appraisal to be sure. 

If the mortgage product affects the answer, it would be a traditional investment property mortgage, not a DSCR loan.

I would be interested to know how you make out with this , I’ve been analyzing properties in that area for a while but the best deals were always gone before I got my foot in the door.

Would you be able to give for information.Some question I might ask: Can you get access to the land or is it surrounded by other people property?

Here are the numbers:Property 1:Purchase Price - 130k Current Zillow Estimate - 166kLoan Remaining - 100KCurrent Interest Rate - 5%If Refi - 6.38%Obviously at higher interest rate my EMI is gonna increase , but at same time I am adding an additional asset which would cashflow as well.

Hi all,New to the world of real estate investing, looking to find long term rentals and maybe something in the storage space realm as well. 

You’d be shocked by how little actual screening many PMC’s do!

If a rental/lease contract is a legally binding document...enforced by collecting rent...or enforced by an eviction process if rent is not paid....then can there not be a document (legally binding) for a tenant to sign that would relinquish their rights as a squatter or due process of eviction...

In fact, some may actually require the LLC to be in place before they'll lend on the investment.

There are some really good programs, but some landmines out there as well.