You may need a sprinkler system, new water lines (1 for domestic, 1 for fire suppression), new sewer line, fire alarm system, etc.

I’m curious to know if any areas have suppressed values.

As newbies, we were not prepared for the significant work required to the fire suppression system, fire doors and other deferred maintenance issues.

Rates have been suppressed for a considerable time, the mechanisms to do so coil up like a spring and at a point have so much tension that it can't really compress any further, that's where we are today. 

Wages don’t rise much either, suppressing rent growth. 

These are simply economic norms and factors of the market at large, but I find them to be good ways for us to understand intuitively WHY interest rates do what they do (ignoring the governmental suppression of the rates, of course).This will roughly track with the rates that lenders use, but it may look more like a blend between commercial lenders and hard money lenders.% of profit is a great concept and I love that it aligns interests, but know going in that it significantly increases your administrative burden compared to a simple % on the loan.

But then, maybe the buyer's premium (up to 5%) in the PSO auction suppresses the final bid.One property was located in Stark County, the other in Franklin.

That likely means fire suppression system, hardwired alarms, etc. 

Then when you consider how to fix the payment at $800 you are going to HAVE to keep it unrenovated . . . which means that your total value is suppressed here.Perhaps this is one you can carry personally for whatever season it is needed and then pull the "highest profit" lever and position it for the note to be of maximum value when you're not trying to keep payments at a certain level?

New home construction is slow due to a significant increase in materials cost which will continue to suppress the inventory.