I have done this many times and in addition to the reasons he mentioned, offering an a,out that is not a perfect even number gives the illusion that intense and specific financial calculations were used to arrive at a max offer.

How did they arrive on the purchase price?

How did they arrive at that buy in number?

At least a years seasoning would be required. 3- How much in expenses are you allowing for in arriving at your $200 per month cash flow?

There is really nothing to analyze or check.You've got a nice profit shown, don't know if that's accurate, how did you arrive at the ARV, and is that an assumed sale price?

They have been extremely valuable in providing us insight into the neighborhoods, the hotter markets, the type and materials of rehabs that are selling; as well as knowledge in the requirements of the flip needed for the buyers to qualify.

Personally, we use PayPal or accept checks/money orders and payment is received in full a month prior to arrival, so we do have the money in hand ahead of time.

To arrive at my ARV, I used the 'Recently Sold' listings on Zillow, and because I'm not a Realtor, I took 15% off of my comp.

When I use my calculator, I arrive at approximately $5,440 in annual cash flow with a total out of pocket slightly over $50k, so your cash on cash return is roughly 10%.

We attempted running a space heater under the sink(next to the dishswasher, where the drain line arrives to feed the water into the garbage disposal, but even after a few hours of that, we ran the dishwasher and it failed to drain?