However, when the fundamentals of the underwriting do not make sense, that is more a reflection of the team than the deal itself.

The videos are critical for the following reasons:Too often, the photos on the MLS do not reflect the actual condition of the property.Videos do not tell you everything - for example, a strong pet or smoke odor.

I virtually never get a 2nd complaint but if I do they ar3 not a preferred tenant and their rent increase reflects this.  

Moreover, the discipline required to save for a large down payment often reflects better financial management skills.

Your approach to calculating the maximum construction size within a specified budget is enlightening.Based on your figures, I've noted the project budget as follows: Land Acquisition: $8,000 Utilities and Tap Fees: $7,000 Engineering, Building Permits, and Architect Fees: $5,000 Construction Cost: $180,000 (at $160 per square foot for up to 1,125 square feet) Total Project Cost: $200,000This budget underscores the critical importance of efficient cost management, especially in balancing project size and quality within the financial limits.Considering my project will be situated in New England, where costs tend to be higher, I've adjusted the budget to reflect a 40% increase in utilities, tap fees, engineering, building permits, and architect fees relative to the costs you've outlined for Ohio.

@Verna Medlin The first thing I would do is order a title search to determine what the land records reflect as to ownership of the property.

Virtually all the properties on the MLS do not have a price that properly reflects the rehab cost, the risk, and decent compensation for the work involved. 

But since I do not know the area, I don't know if the price is reflective of a bad neighborhood, or if that is just the going rate of the city. 

Class A Locations Low Cap RateClass D locations High Cap RateCap rate is a reflection of the risk in the asset and market.

My K 1 reflects distribution after expenses have been deducted.