You can pay about $5-$10 for a set of comps and arrive at your own conclusion. 

From that amount, they subtract depreciation on the property to arrive at their taxable income. 

Basically anything that helps guests feel at home on arrival.

That number isn't to be found anywhere in the Fannie or Freddie guidelines, and I arrived at it myself so it is unknown outside of the BP community. 

I'm sure it's also hard for someone that's never done it to pull the trigger when everything is crashing down around them.

Getting through that process to arrive at a "shovel ready" project is no where near as capital intensive as ground up horizontal and or vertical development and can be very rewarding if it is done correctly and provides the option to develop all or part of the project yourself or in a JV with investors.I am working on a 30 acre site that will be developed as a "build to rent" single family project that will provide the value add opportunities note above.

No, you need to wait (at least) until the first mortgage payment will arrive after your first paycheck at the new job location. 

This market is hot, but a lot of it is BS and when the crash comes it will weed out a lot of the investors and agents who don't know what they are doing.I have mailers going out all over Essex Co and in 07013 in Clifton.

"accelerate the splat" If you are going to have a financial crash anyway it is much better to get it over with quickly and then move on.

I believe the theory behind the 10 minute offer is using a conservative quick conservative gross income (10% vacancy) and expenses (55% of gross income) along with cap rate to arrive at a fair market offer.