Together with red tape and regulations. 

Also, make sure that the loan you pull off your home is FIXED, because there are some options that the loan can be adjustable.The value add option would be an example of adding to the existing home (more square feet, or a mother-in-law’s quarters).

What square footage do you want; any tenants that you will or will not accept; what lease terms will you accept; do you require credit tenants and corporate guarantees; what is your going-in, hold period and terminal cap rate target; what are your target demographics (HH $, Crime, MSA, zip code); debt/equity/reserve structure?  

Her response was the seller gave her the square footage.

This is considered red-lining.

I own (by inheritance) 2.25 acres in a small, one red light, South Carolina town.

Red

Now don't get me wrong there is always competition and yes one company could be higher or lower for all kinds of reasons..So it will boil down to personal preference to decide..Now if you get a company to come down a lot lower than the others, that should be a red flag and you shouldn't use them!!

Looking for a new contractor to renovate a property in Seminole heights.  880 Square feet with additional structure on property that could potential be made into mother in law suite.  

Again, those markets are red hot but the growth is so strong that it's still very appealing.