And you cannot rely on what they tell you at the counter.. they just say whats possible.you have to determine if this is a administrative action.. or does it go to the planning commission ( ie get political)

This will help you determine whether these are the right markets for you and establish local connections at the same time!

I liked that DealCheck automatically determines rental estimate and calculates a cap rate based on assumptions I provided...and it normally gets relatively close to the cap rate I get when using my Excel sheets and formula.

If you move forward with purchasing a rental property this year, I would try and have someone sign a lease that gets you closer to spring expiration (i.e. 18 month lease) so that when the lease expires you'll be positioned at a higher demand time of year.Happy analyzing, and best of luck finding a deal!

My main plan is to sign on with Keller Williams because of their in depth training.

The 401k people wont cut a check till we have a signed contract.

I would still like to learn moreabout the process of hiring a builder, to better determine the cost of that, and learn the numbers on what I could rent/sell for out there. 

He agreed and we signed the purchase agreement on Tuesday, Sept 18th. 

The property was vacant until just a few weeks before I purchased it so we had very little to go on to determine what utility costs might be and of course we underestimated... such is life.

How much time should I plan for after signing a P&S (purchase and sale) agreement to get an inspection, contractor walk through, and title check done?