Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

In my mind, out of state investing means extending the education and research phase and pushing the 1 year goal to maybe a 2 year goal.

It suggests neighborhood analysis, market research, exit strategy, and VA benefits.Good luck!

Quote from @Ashley Mierez: I'm considering getting into wholesaling, but from videos and some research I have done it seems like a lot of investors and agents don't like wholesalers?

This area is remote-ish so i plan to use Starlink (and have done adequate research to ensure it’ll work well.)Thanks a ton!

Then you can consider researching and finding something that meets your needs better. 

It took a lot of research and contemplation before I was able to convince myself that paying a 30-40% premium for a condo in a complex with vacation rental capabilities was worth the investment.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

I need to do all the front-end research. 

We will research occupancy rates, and report on outcomes.I am disgusted by the accusation, if true, made by this recent member, and while this is the most egregious situation to date, it's part of a disturbing pattern.