Wow 6 Pages about a $2 adjustment on almost three-quarters of a million dollar purchase price.You would think that it was a discussion about Real Estate Commission Rebates.Okay you have one out of 50 and he even noted at the end of his post the issues with not rounding.What's interesting is to see how much passion there is from the "resistance" with thier refusal to take such a simple common sense action of Rounding a measly $2 to help ensure the borrower has a smoother loan process.All these so-called experts that haven't a clue about the behind the scenes inner workings of the mortgage process  but are so quick to post their comments about a topic which they are completely oblivious to.But this is not for them it's for the common sense BP investors who will read this topic and will be rounding up or down for now on.

For quick analysis looking for 1% rule or greater. 

That is a great thing.I never used Venmo until I had to- someone sent my child a birthday gift- and when I logged in to collect I saw what others have raved about- easy, free and quick. 

They can raise them at any time and that can really mess up all of your numbers...what seemed like a great deal can quickly turn into a bad deal if the condo board starts jacking up HOAs.  

They supposedly buy properties and close very quickly.  

By the way, Awesome thing you did there by giving the tenants an incentive to quickly find a new roommate.

Be sure to check out the local REIAs to quickly find local investors and build your buyers lists. 

Basically, your highest offer comes with the most contingencies, while the lowest is a cash, quick-close offer.

I know CAP Rates are only a quick reference, but how do you "quickly" factor in the expenses to rehab a property showing high CAP rates, or do you treat that like you would on SF flips/rentals where you deduct rehab costs from the Purchase Price (which I don't think is how it works)?

One of the advice I would give you if you do start thinking about investing here is don't buy properties that use oil to heat water or heat the property, it gets expensive quickly.