There was no need to add anything to it, the house was brand new.

Accounting may play a factor. 

I guess we’re just playing the waiting game.

The rest is brand new within the last 2 years so I know the cap-ex for the future should be minimal minus an AC unit whenever that goes out.

You won’t get the volume pricing on materials new home builders get so factor in Home Depot retail pricing on everything too.A half burned down house will cost more to repair than building a brand new house from scratch.

I am playing with the idea of wholesaling if a really low offer is accepted, it would just have to be so low, its almost unreasonable!

James had some new construction a few years back that looked like pretty good deals to me for long term landlord.. at least your starting out with everything brand new..  

@Dan K.Also we sort of have a good brand going.

As long as landlords continue to operate out of fear we will never have answers.Document every thing, all conversations, and, as Greg suggests, be prepared for them to play the "emotion" card.

(https://www.ridgelendinggroup.com/)Their CEO was on a podcast recently saying the DTI has gone up a bit recently, I think she said between 45-50%, obviously with a few variables at play!