Adjust your offer if needed at that point.Your broker should be able to advise you on "offer or LOI".

If it’s all adjustable, or high LTV, then yeah that’s like pre-recession.

Adjustable rates, calls, balloons, bothering you every year for your financials.

I adjusted my process and thinking, and every deal since has been progressively better.

You should adjust property taxes to the new purchase price, not historicals because it adjusts. = operating expenses.Net income - operating expenses = Net Operating IncomeFrom NOI, deduct reserves and capital expenditures (CapEx) for replacement of obsolete replacement (parts of buildings that come to the economic end of its useful lifespan).What's left is EBIT = earnings before interest and taxes. 

You may need to adjust your other work schedule to accommodate Now the key here is that you will be starting at the rock bottom.   

Sometimes with as-is sellers, the contract says no adjustments can/will be made for condition. 

Get in and adjust your home facts and then ignore Zillow.  

Unfortunately, I haven't been able to figure out how to adjust it, so I've decided to post here while I figure it out :)Just bought my first property, a short-term rental in Colorado.

@Jeremy Trad I've since gone back and adjusted my rehab costs (way under estimated).