Most insurance is based on replacement cost which is the estimated cost to rebuild the property in the event of a claim.The easiest way to get your questions answered is to talk to a knowledgeable agent!

Amount of repair expenses/updates are determined based on property condition.

Fast internet (there's a reason it's called Gig City), great population growth, industry (Amazon, Volkswagon, Unum, Erlanger, TVA, BlueCross, etc), outdoor living, etc. 

But if you're buying from normal sellers (i.e. not banks or institutions) you can use the inspection to justify a resolution of unacceptable conditions and have them fix a few things or get a price discount.On fixers, they likely won't give any discount, but it's also very important to know what you're getting into.

Hi there,I am Abhi and I am based out of the San Francisco Bay Area.I am new to the community and I am looking forward to connecting with and learning from folks in this community. 

I was wondering also how these title being done pre internet era ?

I wasn't looking for a distressed property or seller as much as just looking for a deal that made sense based on my buying criteria.

This really could be all over the place based on what type of properties ones has and where they are located.Expenses and mortgage also greatly affect the bottom line.Someone with 5 properties could be killing it or not have two nickles to rub together.

One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊

There are other groups that are worth being a part of too based on where you are.