Yes, that’s what I’ve been seeing when looking for BRRRR here in FL, but there are still opportunities for Flipping.Another market I’d be interested in is Georgia (Atlanta, mainly).

PMI is an additional expense that doesn't benefit you, but only the lender, and it eats up future cash flow.

If I find a property in a strong market that makes $100 a month, put $15,000 into it to add value, hold for 3 years and sell for a $40,000 profit my total gain during that time is $42,400 not taking loan paydown, tax benefits and other potential income into account.If I find a rural property or a property in an smaller metro area that makes $250 a month, invest the same in repairs, hold for 3 years and only sell for a gain of $15,000 my total gain is only $21,000. 

Correcting drainage issues can be very costly.To your main question, it would bother me to find out that the sq/ft was off by that much.

What are the benefits?

You could consider posting a sign that says "Private Driveway - no access for 123 Main St".

I do believe we have different risk profiles but I also believe he can see my side as well as all of your opinions on the benefit of not being too conservative.

I’ve been studying and preparing for last few months to begin note brokering and understand the main things to look for in order to pass note on to a potential investor but would really appreciate knowing the questions you personally ask as a broker.Thanks very much.Annie Davis 

If the mortgage rate is higher than the current refinance rate given; then you may benefit from a refinance.2) It also depends on how much money you are looking to take out.

In fact, one of the main reasons I STARTED investing in real estate was control.