Additionally, I saw you didn't have anything on there for CapX, is that because you plan to fix everything with your $15k repair budget?

I went ahead and gave them $100 discount on next months rent for "lost food and troubles".

My question is, do I need flood insurance in addition to my normal home insurance?  

I'm trying to get a solid number so I can account for the additional insurance on my analysis.

No additional penalty fee will be required.Tenant Requested:The Tenant will provide written and proper notice as stated above. 0-3 Months: There is a penalty fee of one (1) month’s rent.3-6 Months: There is a penalty fee of two (2) month’s rent.6-9 Months: There is a penalty fee of four (4) month’s rent.

This is in addition to the search e-mail agents in Northern NJ which are almost always coming with price change on lower side.

The lender that ordered the appraisal will have to release the appraisal to the new lender with a transfer letter and a couple additional documents. 

Find a discounted multi family property (1-4 units) , get a loan and buy it!

There are numerous reasons why this should be the only option, outside of the friends/family discount.

These are professionals with additional training and a stricter code of ethics.