% ARV in Miami

[Luis Lopez]

I've been reading that the rule of thumb for a good deal to a cash buyer is 70% ARV. To the actual investors here in Miami, what are you all actually seeing in today's market? I've been seeing a bunch on Craigslist being offered by other wholesalers closer to the 80%.

Also, what website would you recommend for market analysis/research.  I'd like to get an idea where the hot rental areas are for example.