But all this depends how much equity you think the property will have at that time, because ARMS can also get you in trouble...I also love the spreadsheet layout, very clear cut & precise with the numbers!

I also like to determine a ball park price/square foot amount as a screening tool--based on the average rental rate in an area.

That way when we move to the next location we will have cash flow from 3 properties total and could really get the ball rolling hopefully.

For example, this property sat on the market for over 120 days, with over 35 showings and one low ball offer.  

They're not exactly illegal, but you subject yourself to steep fines if not done precisely according to the fine print in the law.After reading the fine print, I decided it wasn't worth it for me...at least not in TX.I like and use ARC Law firm in Colleyville.  

I'm looking to do the BRRR strategy but I need some private funding to get the ball rolling.

If so it will be more $Anyway to give you a ball park: it should be 4.5K each (parts and labor) on the low side and 10K each (parts and labor) on the upper side.  

You are prepared for suit but the ball is in their court.

Obviously no ones crystal ball works too well, so I could totally be off.

Keep your eye on the ball and do it quietly.