Great point, Jamie, about hosts who bought in years prior.

Before I paid $800 for an apprasial I wanted to make sure they would lend without prior rental history.

So having a plan, ability to do some things yourself, and building a team prior to starting is helpful in reducing some of that risk.

I'm comfortable with putting together estimates for the rehab, at least for the up-front financial analysis prior to getting real bids from contractors.What I'm less equipped to do is project the lease up story based on supply, demand, and other factors relevant to the area.

The part about common sense going out the window when taxes are really high I have experienced first hand and in my prior career in tech personally did.

With the increased competition among sellers, it’s crucial to prepare a listing to stand out among the rest and work to address likely buyer objections prior to going on market.

Lets say that i have a total of $100K in total losses that have been carrying from prior years from all of my rental properties combined.

We lived in that house for almost 30 years prior to returning it to a rental property and we've NEVER had cockroaches of any kind.I'm wondering if they might have come in on some of her moving boxes.Regardless, we have a pest control contract in place, and I've already contacted my technician.Should we be worried about this tenant, or am I just over-reacting? 

This might help narrow down the best fit in terms of lender type.Do you have any prior construction experience or a builder on board?

Main reason is the buyer, nor I as the lender have an opportunity to view/vet the property prior to purchase.