If I went to sell it the value would be based on comps.The very first line that indicates they can use an income approach is NOT valid.  

Definitely still valid even though the book is decades old.  

@Danielle Torres — AI is great for tightening your underwriting and saving time, but it shouldn’t replace real-world validation.

This is one of those “it depends how you structure it” answers.In general:If you are leasing and then subleasing property you control under a valid lease, you are acting as a principal, not as a broker.

Require renters insurance naming you as additional insured at the time of walk-thru, require valid auto insurance for all vehicles to be garaged on your property, video all walk-thrus, require only the paying adult or adults to be named on the lease, do not require all adults living in the premises to be on the lease.

There have been many times I've searched the address and ended up with a vacant warehouse or a gas station.- Find the company phone number online, independent of any employer contacts the applicants give you.

A homeowner can also buy down the buyers rate, cover closing costs, and offer design credits.Your analysis is only valid in the circumstance where a person purchased a SFR recently in a newly developing area and paid a the same or higher price than builders are currently charging.  

Those are valid concerns — but they’re rarely what derail an investment.

Validate the offer.

That's a valid concern.