Beyond the legal requirements, we try to use the "reasonable" test on things like that.

A lot of this may depend on your liquid position, ability to access data for the markets you're seeking to invest in, and the type of support you can have in any particular market.I can tell you TX is old faithful and you can get into deals with less out of pocket, but there is high competition and your margins may be lower than say GA.

In this particular deal though as is the case with so many hands in the pot - I couldn't get word across to the seller (through the web of realtors) that he needed to have a separate company do the testing before and after, otherwise how do we know the mold is actually remedied?

@Supreet Singh Sachdeva I am assuming that the data is retrospective.

We are planning to test this same list we have with postcards and add about 500 more to our list from a different market.

Also NEVER use the PROFORMA to calculate your numbers, use actual verified data so you don't get ripped off!

There are several others houses in Hico like it, but none that I could find recent sales data for.

Hey all - it looks like we may have possibly lost some data that was posted to the site over the past 2 days.

I do it to give me peace of mind and to try to prevent emergency services in the middle of the night.Well, sure enough, on the rental property we own with my in-laws the heating contractor was testing the carbon monoxide and it registered at 4,000 ppm.

If your reasoning is sound and your data good the appraiser should come to the same conclusion you did.