If you just call on properties to the listing agent or for any agent on Zillow or Redfin, you aren't setting yourself up for success and if you don't have a dedicated buyer's agent of your own you are probably lacking the strong advice to make a decision like this so quickly.

You must have a good grasp of the styles and architecture of historical periods. 

@jason chaseWhat your lender is asking for is what we commonly call a "comfort letter".It is a checkbox on their list, and will be scrutinized with the attempt to shift liability to the accounting firm that wrote it should the loan go south and the lender cannot collect from the lendee.The AICPA as well as errors & omissions insurers strongly discourage tax and accounting firms from writing these letters. 

It's probably better to list it on the high side and lower it if the response is not strong.

Will the economy be strong enough for banks to lend out their money? 

Regardless of the property, we market it to reflect the desired tenant and the response indicated that there are a lot of strong prospects who simply can't find housing in a high demand/vulgarly low market.Just is...

@Patricia Steiner - I also strongly agree with your assessment. 

** It's worth saying, I strongly believe in and support Fair Housing regulations and what they stand for.

I have great credit, a strong relationship with a lender, experience with home building and remodeling, and a strong desire to build a large portfolio.

.#3 Contact Local Contractors for Labor PricingCall local Subcontractors and get budget pricing for common repairs on your typical rehab project.For example, call a roofer and ask what their average cost per Square of Architectural Asphalt Shingle Roofing would be on a 1,500 sf house, with a 6/12 pitch.Note: Some contractors will be reluctant to share pricing without seeing the property, but tell them you are just looking for a rough budget number you can use on future projects.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.