They just estimate the COR, and the ARV and get to it.A good wholesaler, in turn needs to pretend that THEY are buying the house.

I have held a lot of jobs and never have gotten more satisfaction knowing that everything I do is for me  and my families' future than right now (yes I know I am selfish).I say if you are hesitant and waiting for that perfect moment just stop an place a bet on yourself and you will surprise yourself at how much you can accomplish.

There is no such thing as balance- Balance is something you get after you have arrived or achieved at your goal whether that be tons of rentals, flips or whatever your goal.During your pursuit of it there is no such thing as balance- That means if you are employed you will be spending an insane amount of time working on your real estate stuff, you will not spend as much time with family friends etc.

Don't count on them year after year, you may get some but I wouldn't bet on it.....  

You may have to replace the A/C or at lease do a pull and clean on the evaporator coil and blower wheel  then run the ozone generator into the duct-work. 

Then once they are gone, fog under the house for spiders, and put out bait blocks for the mice (You can't put out any other poisons while you are using Combat Gel)Flea foggers with pre-cor will get rid of fleas.Fix the window screens and sticky fly strips for the flies.

DerekI am no expert, but I believe if you do a search of the forums, this topic is addressed (and argued) at length.2% seems to work for most folks who are working in Class C or lower properties.  

If you are only looking to hold it for 5 years, then you definitely have to bet on a good appreciation growth, since selling the house down the line cost money.

In many states it can be considered malpractice to advise holding RE long term in a C or S-corp.

a. do I use 50K (my 100K acquisition cost minus the 50K from the county land assessment), b. the county assessed 200K for the home/improvement (after all that's what is used to calculate the property tax and I have to pay them) c. or 80K, the county improvement percentage applied to acquisition cost (80% of 100K = 80K)