With the very limited info I have, I would say you are looking at a starting price of $55/ft not including any water proofing.

@Yuzi Stha why would you put that limitation in your lease if you aren’t going to stick to it?

However, my perspective is limited, so I thought it'd be fun to start a conversation comparing the tried and true with the new kid on the block in this changing world. 

In reality, I would not be bothered by this arrangement based on what has been presented, which understandably is a little bit limited. 

There are also annual coverage limits that cap the amount of repairs the warranty will cover on each system.2. 

Key considerations, I'm not handy and don't relish the idea of being a landlord, so I'd probably spend on a project manager (limiting my upside), but I can also see the potential upside of holding the property as an asset on the books either way.My question for the community is, what should I think about in making my decision? 

Also, my husband and I both work W-2 jobs and have good credit, so I'm not concerned about obtaining credit to purchase, just not sure the limit. 

However there are loans that show income in other ways, so even though you may not qualify for a conventional loan, you can still do Non-QM loans for additional properties.I'm of the mind that it is better to write off everything you can find to limit your taxes, and just do Non-QM loans from there as you will be paying the least amount in taxes and still qualifying for good loans. 

You can't get around the financing contingency and that is usually not THE problem, as long as you are convnetional and not FHA.15k inspection limit does not make much sense, might as well drop your inspection contingency.

For what its worth I think you can limit checking dnc to every so many days. 31 days I think (verify of course)