However, you must have reasonable limits and hold to them.I give a great example in my book where a tenant abandoned a 2,000-square-foot home full of nice furniture, expensive jewelry, a brand-new $2,000 rifle still in the box, etc.

And I feel relieved for it.I studied the whole "dynamic pricing" phenomenon for months before deciding to proceed with Pricelabs. 

I recall a large claim several years ago where a swimmer cut a huge gash in their foot by a large chunk of broken glass from a beer bottle on the bottom of the pool.

Quote from @Jon LaBorde: @Jerryll Noorden ok that sounds good, but currently I’m just trying to get my foot in the door, so I’m not expecting to become a millionaire from this plan and by no means am I expecting this to work as my only marketing route in the business for more than a time or two, but I’d just like to get started in wholesaling and with this information I think it gave me everything I need l and I’m thinking I’m gonna give this plan a shot but I’ll definitely be looking to expand and adapt as I grow as a wholesaler.

They said it’s way too small for the price. (3,192 square foot total) 2,200 on the main floor alone.

The benefit to these is you get your foot into the door without a ton of capital and as time goes you can move out and cashflow on the property.

Many have never even stepped foot in the US.

$2,000 a month NNN lease with about 1,200 square foot.

What tools or methods do you use for conducting property analysis without stepping foot on the property?

Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up.