But I did a walk through of the property, checked all the sinks and toilets, didn't see anything out of the ordinary, and I was going to have a plumber come and take a more careful look.I owned several triplexes and duplexes in the NYC area, and water bills for duplexes increased from $280.00/ 3-months 10 years ago, to $580/ 3-month on the last bills, and I thought of major leaks.

February stats for Pinellas County (St Petersburg & Clearwater being the two major cities) were just released.

For my first deal I don’t want anything major.

You should be trying to secure a fannie/freddie product or CMBS if the loan amount (not the purchase price) is over $1mm.

And when I do, I get outbid at far beyond asking (which I'd be open to do if I were buying a primary, but seriously eats into the already small margins from an investment standpoint) I’m from California, and I know the market is in a major upswing here, do you guys feel this is the case nationally?

They don't have a line of credit product. 

-bought for 180K-conservative value today 250K (potential net from sale - 50K)-conservative potential rent - 2000 / mo (potential net monthly cashflow - $800 /mo-currently a small pocket neighborhood with no through streets that feeds into a great elementary school and good middle-high school "Problems:"-our street, currently a dead end is about to become a through street that will become a major shortcut for another 300 or so house development to our West to get to the highway and the grocery store.

@Brian HaleyIn the majority of states, property value is assessed for property tax purposes every five to seven years.

You can find several products that can be attached to a window which creates a second egress (think emergency rope ladder) these are cost effective and can be stored in a case as to not be messed with.

We had very limited options within in house products.