I predict great success is your future.

Anyone that tells you they can predict them is either a liar, a fool, or both.

The other houses on the street don't go in a predictable sequence.

Those are impossible to predict and you just have to go to every auction you can to get one like that.Good Luck,Jason

As I finished showing property to a prospective client I noticed that while viewing the property I was able to predict that the current residents were involving in a divorce situation with almost pinpoint accuracy.

I won't predict where values will go in the next few years.

I agree that this is one of the strangest situations I have ever seen.I have tried to figure out what would motivate a bank to follow this predictable path not once but multiple times.Maybe it is just wishful thinking on the part of the lenders... as they all seem to still have their head in the sand regarding any sustainable recovery and home prices stablizing let alone increasing.

@Anthony Dooley I guess by underwrite I meant somehow try to predict what the end constructed property would cashflow as a way to know what price to negotiate for.

So while home warranties seem like a great solution, I predict they will leave you very frustrated in the end.  

All that being said I would suggest doing research, as I'm sure you do, to verify The current and predicted future rental potential there would be.