The issue is more people want to live in places like the Bay area and San Diego (NYC, LA, OC, Honolulu, Kona, Boston, etc.). 

Hello Ben, I speak with lenders about this every day as it is a common issue.

Figure $5-10k, you might need a FAU also.Can you post a Zillow link?

I have no fears in getting a bank approval, and it down payment is not an issue either.

The appraisal is usually issued for the benefit of the lender so you can play hardball and share that the lender will not release a copy of the report until after settlement (which does happen in some instances depending on the lender and their policies).

So far we haven't had any issue with the 3 day stay.

We hired a plumber (that we have used for years) to fix a tub spout leak and toilet repair. They fixed the toilet with no problems. They installed a new cartridge for the tub but it was still leaking. Said they would ...

This property was built in 1920 and the wiring was ancient and fraught with issues.

My questions span broad areas and as I continue to do my own research, I'd really appreciate any experienced investors and residents who can chime in:1) For those who have invested in Chicago and DFW, or moved from one to the other, are there any qualitative differences in the way homeowners approach rehabs, structural issues, expenses requiring insurance claims, or any other major overhauls that a newbie must account and budget for?

The tenant called me to explain that she has a medical issue and cannot pay next month's rent on time.