Good catch.

This is not just a question of looking at comparable sold homes, it includes evaluating current pending and active homes  so you can catch trends as they are happening, and also understanding seasonal market trends so that you don't price on the higher side in June/July when you may be at the tail end of a rising spring market, or under-price in February because you're looking at comps that sold in December and January, etc.And it includes understanding the home features that are going to add or detract value compared to the comps, i.e. great house but unusually small master bedroom/or backs to busy street/or missing that one extra rec room or flex space that will keep 3 or 4 people from piling up on each other. 

This entire reserve will be released on your 2018 tax return, allowing you to catch up with all past losses, including all depreciation.This lump-sum old loss will be netted against your gain which includes depreciation recapture.

@Dave Foster is one that comes to mind but there are many many others so you'll definitely wanna get those alerts setup.Good luck to you & I'll catch you around the forums.

Once they get behind it is hard for them to catch up. 

A non rehabbed property may perform ok in the beginning until deferred maintenance and CAP EX starts catching up.

Meaning, summaries are great, but… I should also be able to see a summary and then drill down as deep as I want to If anything catches my eye.

There are items like unpaid taxes, mechanical liens you can look up yourself, but other items like recording errors, forged signatures (my title company actually said this was the biggest one missed by most title companies as even the best will not catch a forged signature),  ex-spouse making a claim...etc, can be insanely costly.   

This is a great opportunity to meet some local investors in the area and catch the occasional guest speaker.  

I love these because often times I can take over the seller's 4% interest note that was originated 8 years ago (with only 22 years left), while at the same time only putting between 1%-10% down (to catch up payments, etc), and the best part: inheriting a good chunk of equity.