For me, the harsh experience of buying too high and taking a loss has been the main factor in reducing FOMO.

Of course there are a few more factors at play on the lending side, happy to get into some more specifics if you have any questions. 

What upgrades brings a higher appraisal (I know there are other factors like comps).This is for a BRRRR property that's rented but recently acquired and still had halogen bulbs and brass fixtures, just to give an example.

Or if not, how does that factor into the agreement?

@Preston Gealy really depends on many factors, the flip I'm doing now the basment never flooded however is always damp.

You can always raise the rent to factor in the cost of the cable.

If you're a new investor your credit score will be a big factor as well.

A 3% vacancy factor is your tenant staying 33 1/3 months. 3/100=1/33 1/3.

3) Are there other factors that I should be considering?

3) Are there other factors that I should be considering?