Visually inspect: Roof, Under sinks, Look at the water heater and hvac for signs of age/wear, look at piping stacks, look for code violations, look at the electrical system, flip light switches, flush toilets, turn sinks on, look at the foundation. 

CF is a function of many things, one of the most notable - what you pay for the asset :)Good luck!

I'm not an economist....but suspect it is a function of supply of units to rent vs. demand.  

That is what RE Brokers do, facilitate the transfer of property rights, if anyone does anything to effect the same exchange, then the value can be seen as being close to what is fair and equitable for that function.

There's much easier search functions without the extra criteria that doesnt pertain to us.

@Curt Davis @Robert Obniski Curt-  I think you missed the part where he is buying a wholesaled HUD home so if the original person who won the HUD bid is passed the 15 day period he will not be able to inspect the pool or any systems(except visually) and if going by the letter of HUD rules shouldn't be at the property at all except with the wholesaler's agent presentRobert-  How is title being conveyed to you ?

The premise of depreciation is that, for a SFH, after 27.5 years the structure will be functionality obsolete and worth $0.  

Look, there is no doubt that these campaigns are successful in certain markets or with a 5 figure/month marketing budget and a fully functioning call center to handle the inbound call volume. 

I'm not an appraiser but this is my understanding and there are other factors like age, upgrades, functionality, GLA (gross living area) and many more features.

It’s all based on making the property clean, making the property functional, and making the property fit the area.