FHA does have a Never-Ending MIP component to the loan. 

Once you know the current condition of all major components and appliances you can adjust the amount of reserves requirement.  

I keep CapEx at 10% until I have the property Inspected to determine the current condition of all major components and appliances. 

So far, I've really learned a lot about the many facets of deal analysis and in particular, the components within the Bigger Pockets calculators that I can safely assume on...

Howdy @Colleen FiumaraI have the property inspected during due diligence to determine the age and current condition of all major components and appliances.  

The main component in a CFD is the forfeiture clause which states what happens if the borrower/buyer fails to make timely payments. 

I have a wonderful day job here in the city, but view real estate as a key component for generating long-lasting wealth and greater stability during retirement.

They find a total average return of 9% for the period they looked at (1986 to 2014), and conclude:"Each component contributes approximately equally to the aggregate U.S. portfolio of housing returns, so excluding one component excludes half of total returns on average," There is also a helpful graph comparing the breakdown between the two factors in the 30 largest metro areas. 

Moreover, in the software community, "hacking" is not black hat activity at all; it's simply the job of putting software components together to build something useful. 

You need to know what the current condition and life expectancy of all major components and appliances are.