The 70% rule in real estate can be helpful when comparing properties and making a final determination on which one is the best investment.

Based on these Booking photos and comparing his driver's license photo from a few years ago, I suspect a drug problem.

Since I am not familiar with Homeroom I cannot compare the two, but you should check them out!

Hello Mitchell, How is your monthly payment compared to the market rent that you can get for your townhouse?

What if the county (or city in my case) has a very low percentage for land compared to the total. 

To me using low-interest leverage is the best thing about investing in real estate, as well as forcing appreciation but that is a more active strategy than most comparable investments.

@Nam Pham  Assume likely an older property on a pier and beam foundation, as compared to a slab foundation?

I ended up comparing it to the bigger pockets BRRR Calc and everything checks out besides a few variables.

If you’re looking to build REAL wealth, then leverage of one type or another is necessary.Debt is one type of leverageSyndicators leverage investors capital as equityStart up companies leverage Venture Capitalists investments in both equity and debt.The real estate investor has 3 distinct “cycles” with debt leverage1st stage is debt secured by real estate but also personally guaranteed and often cross collaterialized2nd stage is debt secured by real estate but liability not personally guaranteed and recourse limited to specific property.3rd stage is debt free If you own units in a syndicated real property investment and the investment is leverage by debt you may not think of it as YOUR debt because you’re a passive investor, but your investment is encumbered by debt the same as property you own individually IF you haven’t personally guaranteed the debt.  

Figure out what your purchase costs would be and what kind of rehab you would do and what it would cost and then look for comparable sales to justify what you think it will be worth when you are done.