However, with housing costs being what they are here, I’d have to imagine that the price point between being able to own a house and having to rent is closer.

.- The Sales Contract has an inspection date that expired and is still pitching it - There is not a paper trail of proper disclosure to all the parties involved regarding the wholesale fee, state disclosures, lead disclosures, etc.- There isn't verbiage regarding assignable of contract  - Sales Contract has the wrong Seller's name- Sales Contract is a copy from a local Realtor Board that has the Seller as the Brokerage name- The written offer dollar amount and the numerical dollar amount are different- Sales Contact has one out of the two Seller(s) on the contractI think I'll stop there...anyone else?

Also one of the reasons it was important an appraiser drive to a comparable property and inspect it from the street.

Hello, I am purchasing a rental property subject to inspection and appraisal .

I paid out of pocket- $750  to title company, $100 earnest money to seller, $485 for inspection and $625 for the apprisal.

Without a property manager, you still will need to visit or use local help to inspect and make repairs between tenants.

OR maybe a lot of the rentals in your area were recently renovated, or have a pool, or have amazing views, or a million other things that the property you're targeting doesn't have in which case you have to skew your estimates up or down...There's a million ifs in the data, whether you inspect individual properties or aggregate views of your area.

I final got an opportunity to meet with a GC at a property he is working on to get a feel of what are some general prices for rehabs. one step closer in the right direction.

Also for FHA, the appraisal is almost like an inspection.

If at any point until now April's rent is paid, scheduling a move-out inspection with the tenant so you are able to document with them any damages to the property (including the lawn).