Some of these rules where created under different conditions, where asset class, market demand or interest rates where different.The 1% rule doesn't take into account financing. 

Make sure your offer is clear that you can void the contract if you find something wrong, like low rent rates, condition of the property, or you just don't like the neighborhood.I know some investors will make an offer sight unseen with a huge earnest money deposit (e.g. $50,000) but make their offer contingent on an in-person walk-through within 72 hours or a review of the financials within seven days.

Typically when running comps I stick to the exact match, for example comparing a 2/2 with 1000 I would compare it with a 2/2 that sold within the last 90 days, +/- 200 sqft, and within reason of the same condition.

If the proper was listed on the MLS before hand most deff the building dept k ew its condition and has an idea of what was changed.

Of course we're not for the faint of heart, with high temperatures in summer, but thankfully we have good air conditioning in most homes, beautiful lakes and the Sacramento River.

Just curious if anyone has seen property managers show flexibility on fees for newer better condition homes; 0-3 year old house vs 10-20 old property. 

This story keeps chasing rents that were priced too high for either the condition or even size.

When she was originally approved conditionally for the loan and began this process when she had worked at a facility for the last 10 years.

You won't know what type of loans an individual property is a candidate for (depends on value and condition), but you'll find out the lay of the land and what kind of loan you can be approved for.And don't just go with the lender that your realtor recommends.

Things to consider are size/condition of the apartments, what utilities are includes, location, etc.