The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

One option rather than doing that could be Subject To - in which you buy the house for $184K subject to the existing mortgage.

Happy to chat more if you need help with the real estate side or finding the right spot!

Hi, I am a newbie investor who is playing the slow game in buying a primary, rehabbing, then turning into a rental or selling every 2 years.

What I have found is that like cabins, one with a view and the other with a pool, that the pool cabin will significantly outperform the view cabin, all other things being equal.

Besides land, infrastructure/site work, and the building construction itself, am I missing any other major category of costs?

The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)

@Sam Peterson You can utilize different online companies (web, phone apps, etc.) for this but if you're new to REI you could gain traction by making your own.

I am not looking to waive the inspection but what other options can I present that people have used which makes the offer competitive.

Additionally, investing in real estate education through courses and seminars will help sharpen your skills.