LTV Ratio (minus repairs) that is Acceptable for Investors?

[Chris Feltus]

For a "good deal" on a property, what is the general consensus on the LTV ratio needed? It seems, at least here in TX, you need to get the property at $.70 cents on the dollar minus repairs including costs such as selling costs, holding costs etc. The deeper the discount the better obviously.

This is a hypothetical property. Assuming ARV, ERC and other numbers are correct, would a property such as this qualify as a "good deal"? It is priced $.70 on the dollar minus repairs.