Most of the land is either wooded or utilized by a farmer down the road who pays to hay it.

So, as it turns out, there is a sound reason for why FHA buyers must offer a premium in most markets in order to have their offer beat out an all cash one.

My house has decent hard woods so we're going to try to save them.

I'm probably paying a premium doing it that way, but it's worth it because he coordinates just about everything for me so I can keep doing my full time job during the day.

Tenant moved out and in the bedroom corner, a little in the closet corner and a corner in the kitchen, there is mold growing on the wood.

I don't quite understand the premium the extreme south of SF is fetching compared to Daly City.

If you find a great deal, there is likely going to be a bidding war from investors who would pay you a premium for it.  

Doubt it would kill the floors unless they're carpet, unfinished wood, or OSB that is getting soaked with water constantly. 

Was there a difference in your insurance premiums?

@Joe Impagliazzo That was not the experience I had with 97% LTV loans back in 2010-2012.The pricing was the same at 95% LTV loans (maybe not at lower fico scores) most of my borrowers are 700-740 so that may skew things a bit but the only thing that was more was the mortgage insurance premiums.