The most frequent issue we have with seller/REO title policies though is here they don't search for non recorded liens...recent code violations, utilities, etc. and those exceptions are in the B exceptions.  

Houses of the same age and same style in the same zip code.   

Duplex built in 1925 in 14609 zip code (Rochester, NY)City taxes $1,900/year, County taxes $1,300/yearWater $800/year (Uncle says he forwards the bill to the tenants but since it's a duplex the bill is in his name) Insurance $300/yearRent income $1,200/month ($600 from each side, is about to go up $25, there are currently tenants living on the property that have been there for 2.5 years)All of those expenses come out to about $358/month.

Hi,So I'm currently analyzing a property I found through Marshall Reddick that is in Memphis, 38119 (I look for the zip code in the forums but didn't turn up much).Essentially, this looks like it is in a good neighborhood; it was a distressed property bought a week ago @92K, and they are trying to resell it at 149K.Checked the rent with rentometer/craigslist and it looks like this could be rent for $1500 to $1700, depending.Here is the .pdf report.Only thing with Memphis/this particular area is that the education sucks.  

Also, same for code violations in any of the cities. 

Before spending a lot of money on attorney fees I would be tempted to just get an appointment with the code engorcement officer  and ask  how likely would a variance to the three unrelated rule go through.  

Even if the comps are in the $300Ks that means that more upgrades are needed since bringing it up to mere code(leaves it as a rental) won't secure that top ARV mark to flip at retail for profit.

So, we ended up with bathrooms renovation, bringing electrical to new safety code, and plumbing to new safety code too.  

I looked at a property and never saw this kind of heater before - I thought it was a gas furnace- I am told it is a huge gas space heater that is old and probably no longer meets code - it is in the 2nd floor of a 2F - there is no ductwork for forced air or even intake - so I am wondering how much this thing might cost to get replaced to code in upstate NY near Albany - there is an attic.I dont have a brand name or anything but am trying to get one - the furnace is huge - like 4 ft x 4 ft x 2ft with an exhaust vent pipe out the wall.any experience with this?

Hello,I'm looking to see if there is a simplified way of finding values per area, possibly per zip code, for things like price per bedroom, bathroom, etc.I did some google searching and came up empty handed.I'm looking to see real market numbers so I can apply the things I'm learning.Thank you,Paul L.