BRRRR Newbie - Need Advice from the Experts!

[William Barr]

Hello!

I am trying to better understand the analysis process for BRRRR deals. Specifically, when looking at a potential property to BRRRR, how does one evaluate how much rehab $$ is needed to bring it to an ideal ARV? Is ARV just the value of the property based off of a cash flow analysis at market rents (i.e. post rehab), and therefore you should only spend enough rehab $$ to bring the property up to market rents?

If so, how do you determine how much rehab $$ you'll need to bring it to market rent before you put your offer in?

Bonus question - whats the best way to find good wholesalers (3/4plex type), or best way to get BRRRR property dealflow outside Zillow?

Thanks in advance!