Valuing properties and repairs

[Vincent Hardin]

Hello,

I am new to the real estate investing business. I am still in college and decided that wholesaling would be a good way to learn about the REI business and also build capital for future investments. I have starting making bandit signs and I am going to the courthouse in a few days to build a probate list to mail to. My biggest question is about how exactly to come up with an acceptable cash offer. As a raw beginner, how do I estimate repairs as accurately as possible, and also what would be the best way to arrive at an acceptable cash value to offer to the motivated seller (taking into consideration the repair costs and comps)?

Thanks!