With a little work on simplification, maybe we could bring the Politicians up to speed...

So, even if the properties declined 10-15% further, arm gets adjusted, the increase in mortgage payment per month should not be significant (I believe interest rate will stay low for a while.)

The repair estimate - I do my own repairs so it's slightly different but I have found that a 20% cushion for overages is good to start with - then adjust accordingly as you become better.Just my $0.02 - Best of luck

So the adjustment downward may not have been as much of a shock.What concerns me is that the US doesn't have any of these things in it's favor.

And if this list overwhelms you at all...add this one: Speed Reading Made Easy by Arlyne F Rial

As I understand it Trump did not target the PMI rate adjustment directly.

I don't have the experience to know how to adjust them.

I created a spreadsheet for myself to get rough numbers.Totally an example, don't rely on these numbers2,500 sqft house1,000 sqft of carpet @ $2/sqft installed1,500 sqft of wood flooring @ $5/sqft installed18 linear feet of cabinets @ $200/footOnce I have my "per foot" values, I can then quickly go into another listing that is 3,000 sqft and adjust my figures in my head (and later confirm on paper).Another "block" of cost is appliances. 

In few years there will be high speed passenger trains so the train ride will be reduced to 30 minutes and I suspect this will affect prices both in Oslo and in the commuter town(s).Would love to hear what pros and cons you see when assessing commuter town investments.

Write up a Non Binding LOI at a price based on financials that make sense to you, request the schedule E as part of your due diligence, then adjust your offer based on your findings.