Sounds good to me, thank you for the advice.To change gears, I have been contacting FSBO's on Craig'slist to test out the waters.

They are only accurate if you put in the correct expense info, which you did not.

I think you probably know the answer to both and might be testing some of us here :D

It would be best if you provide more context.Size of loan, type of property, how long you expect to keep the loan in place, are you making assumptions about monthly payments, LTV and how you expect the LTV to be tested (as-is value or ARV).Many can help.

Maybe a test is called for.John Corey

I could never get it done for 850.Make sure your repair costs are very accurate and keep in mind that even when you diy it's still not really "free".From the comps you offered the most I would pay for this is about 100k MINUS the cost of repairs.

. = 500 per month.}Obviously these are accurate numbers but it’s roughly the Idea.

I believe it is best to test them early.

As two people pointed out you need to make sure all the expenses (other than debt) is accurately reflected in the NOI.

Yes, my patience is being tested.