The rental stage is much easier.To lower our stress, we limited our search region, hired a property manager, focused on nice areas with good tenants, did high quality fixes to last longer and lessen repairs, and established a relationship with a lender to simplify the mortgage process.

Simplified Scenario for example purposes:1) Sell for $700K with Mortgage of $300K2) Buy 1 property for $300K and $100K down3) Buy 2nd property for $300K and $100K down4) After fees it nets me $100K cash that I take outResult: I cover my minimum mortgage threshold by $100K but I fall $100K shy of Minimum Purchase Price AND I take out $100K in cash.

Attached is an article that describes this, including what an active duty member must do when breaking a lease:https://www.thebalance.com/servicemembers-civil-relief-act-simplified-3332928Gail

A little over simplified, but it does work. 

Here's a simplified example: There is a with an outstanding tax lien of $10,000, a first mortgage for $320,000, and a second mortgage for $80,000.

@Becca Summers that's exactly what I needed I cant do the numbers and all that was very confusing to me but u simplified it.

Hello,I'm looking to see if there is a simplified way of finding values per area, possibly per zip code, for things like price per bedroom, bathroom, etc.I did some google searching and came up empty handed.I'm looking to see real market numbers so I can apply the things I'm learning.Thank you,Paul L.

I put these numbers in the table below:Now that we have an (over simplified) estimate of the total cost, we can work backwards from the probable sales price to determine the maximum price we can offer.Based on the above, you cannot pay more than about $110,000 for this property if you are going to make money.

I am hoping to find a simplified form that someone with more experience than myself already knows is legal in Colorado.  

8,400/.07=$120,000 This is a bit over simplified as its really not looking at remodel work you'd likely want to do and other expenses, but I'm illustrating why investors care about upside in rents.