How Much Would You Pay for this Deal?

[Mike Neyman]

I have a property under contract that I plan to hold as a rental, but have started thinking about wholesaling it to another investor. I've never done that before so I'm curious to see what investors would pay based on the following information.

Type: single family, 3 bed, 2 bath
Condition: Not newly rehabbed, but more than sufficient for renting
Additional Repairs Needed: $0
Location: Suburb of Cleveland, OH - blue collar area, not a war zone.
Market Rent: $900
Property Taxes: $193/mo

I know that any savvy investor would have to confirm all this information, but lets just assume its all accurate.

How much would you pay for this house?

Would you prefer that it be vacant or already have a tenant and property manager in place?