Is this standard practice?

More people, more damage. 3/2 is still the "standard".How about size?

My opinion, just about every property "can" be a good deal... you just have to accept that "good" is entirely relative to the property.Because of location it may take longer to rent, attract a lower quality tenant, have a more transient population, demand lower rent... etc.As long as you've taken all those things into account and STILL have a good price, why wouldn't you buy it?

So, I don't believe individuals should somehow be held to a higher standard than businesses that makes bad investments.

Ask the seller to turn on the utilities for the inspection is the standard answer.

That is pretty standard.

It would seem to be in everyone's best interest in the industry to have reasonable standards for illustrating expected performance on rental real estate.

I am purchasing the first SFH rental that I've had in a while, and was wondering what the standard is these days.

I appreciate your input though, because you give me a ton to think about, and really cut to the chase as to the quality of this one.

We looked around and found a a place we love that rents for $1,375 which is more than we've ever spent on rent, but our real estate back home is doing exceptionally well so I figure we should spend a little on quality of life.