Wholesalers and their price/est rehab cost/ (MAX) arv

[Brent Cullipher]

I keep seeing wholesalers list their deals along with exit strategies.  Something that always rubs me the wrong way is when I see their asking price, then estimated rehab costs, then the MAX arv.  Why would someone list a MAX arv?  I'm sure they are not listing the max rehab cost.  Anyways, I tend to see the rehab cost and mentally add on 5k or so, conservatively, and by the time I'm looking at their MAX arv, there's only a $10k-$15 spread left.  Again, all I'm doing is being conservative by assuming there will be higher rehab costs and not expecting to see the highest arv.  What concerns me is this "predetermined spread" that's left.  Does anybody else feel this way?  Undocumented/unnoticed issues can ea up that small a spread easily and close the gap quickly. Thoughts anybody? Or is that the unspoken general rule of thumb in San antonio?