But I'm horrible at predicting anything accurately.And here's the dilema - Not doing the 1031 creates the exact market conditions you want to avoid

- What is the soil condition, and will it require any special treatment to be suitable for building?

Can I expense materials the same year as I was doing all the work myself and the majority of work was mostly fixing non-working, absent, hazardous or leaking things (stairs, faucets, some plumbing/pipes, electrical, non functional door handles, some trim fixing/replacement, painting, blinds) in order to bring the place to rentable condition?

What other factors or conditions influence your decisions?

Roof/hvac ageWeather conditions/damage/snow removal/landscaping/salt waterSiding/roof materials (cedar vs stucco, asphalt or rolled versus tile.)Landlord/tenant friendly state  And, as you pointed out, property price. you want to lose money?

I am targeting a 900K house, clean alomst rent ready condition, in Mira Mesa or a good area, with 675K loan at 3.1% interest rate.

The time to provide comps, square footage, condition of comps and facts was the day the appraisal was ordered and it should go into the appraiser's email and hand on day one.

You will want to dig into why they are below market -- lazy seller, poor unit condition, high supply of units, etc.

I used comparables through similar sites to what you mentioned and made a list of notes next to them like "similar condition to ours" "small bedrooms" "has a pool" or whatever else was like/unlike our units and then picked in the higher percentile of rents because I knew we would provide more benefits than other units.

In a few words, he is a 50-something single man with what looks like a somewhat unstable mental condition (bipolar maybe?