Use your common sense bud, how could there be an automatic % of rehab cost needed on ALL houses?

I'm new here but the common wisdom that having debt on a property and then having someone rent/mortgage it from you will protect you in a dollar devaluation seems wrong. 

But seriously, do you really think that your experience of city living is common and homogeneous throughout the entire USofA?

Lots of factors, but it is common, very common.

Blind all cash offers are very common here in southern california.

It has numerous sample letters to the credit bureaus and to creditors, and cautions about doing things. that "common sense" would suggest are good, but that can actually make your situation much worse.

For other renovations, it is most common to do so while the unit is vacant.

List services, and property data providers, calculate (estimate) equity using two computer models - value and debt.First you need an estimate of the property value, commonly known as an automated valuation model, or AVM.

As for your own insurance, you need a Builders Risk Policy, they're fairly common.

Based strictly on the numbers and some of the common rules it seems like a bad deal (50% rule).Rent: $1250Management: $125Maintenance and vacancy I factored at $125 (5% for each; built in 2005 low maintenance and very low vacancy for the neighborhood)That leaves $1000 to cover the mortgage payment and insurance.