I am working with a Spokane realtor to pull comps, but I don’t know that that is sufficient to work backwards to an offer price.

My 'review' would be it was sufficient to close on my deal.

We ask for a sufficient security deposit and do thorough tenant screening, so the risk of having a problem with this is relatively low.

And beyond that, maybe a house that wouldn't make either rehabber happy would have sufficient cash on cash return for a buy and hold investor.I would say that most people would be including all costs when evaluating a deal for themselves.Go out and try to find out what the buyers in your market are looking for and then try to deliver.

So as population grows and the current overhang in supply is used up, do you expect prices to stablize at a level sufficient to construct new homes?

With middle income units, owner-occupied demand is usually sufficient enough to make the purchase price prohibitive for a rental-investor.

Brian Burke: Do you think the standard State Farm/Farmers/Allstate etc type of policy provides sufficient liability coverage for rental properties?

If you don't need the financing to get started you don't need a subordination agreement, you need a sale contract to buy in July and a build contract, as if it were an owner build job, with the owner, that is sufficient to protect you until you buy. :)

It is true, that sufficient capital to weather a storm is helpful regardless of the transaction type.

I then directed their attention to the terms of the standard deed of trust, "borrower shall provide proof of sufficient insurance, with an insurer acceptable to the lender"....I told them if they didn't get that check to me, after all the time they had stalled on the issue, that they would no longer be an "acceptable insurer" on my loans.