We sough to exploit an exaggerated risk premium in this area assigned by other investors.

Rarely is the space seen as a premium.

They lived by the beach - and paid a HEFTY premium to do so - but that didn't even make her top 10 list. 

You would be able to accumulate more properties out of state as well as cash flow on SFH, as Texas is pretty pricy and the cash flow is consumed by ever growing property taxes and insurance premiums (#14 in the country on the increase). 

Big assumption but only you know that.150,000 minus 75,000 minus Holding costs (including all interest, utilities, taxes, permits, etc etc etc) minus transaction costs (buyers premium at auction, commissions, closing costs) minus your desired profit EQUALS what you can bid to make it a good deal.

The job of an insurance company is to take premium payments and deny claims.

If you consistently place value on expenditures that do not increase NOI, then you're paying a premium for a property.

As you know, vacant properties are selling at a premium and are more difficult to find as time goes on.

I'll message you rep contact name who usually provides me better premiums.

And although he doesn't think no dishwasher is a concern, we believe the type of tenant that we'd like to attract, that would pay a little premium for such a nicely finished unit, would get annoyed with not having a dishwasher.