Everyone I speak with wants to umbrella my home until they find out I don't have one.

However, there is a specific deal Which I find hard to understand the ARV for.It is a Single Family Home, 2 Bedroom 1 Bathroom, 850 SQFT.These two comps have a price gap I find hard to understand, even when considering the difference in renovation level.If anyone knows this market well enough to understand the cause of this difference, and if it might be due to an issue with the location, or if there is anything I am missing.Comp 1 - 1011 Elm Street, Burlington, NC, 27217 (120K)Comp 2 - 1109 Walnut Street, Burlington, NC, 27217 (120K)Comp 3 - 1505 N Park Ave, Burlington, NC, 27217 (180K)Thank you!

here the numbers144k, 2556 sq ft, decent area.put 30,000 into remodel.Annual cash flow, 1,737cap rate, 7.82%coc returns, 2.82%monthly cash flow, 144grm, 92.9total roi, 16.26%Not sure if I am doing good in real estate or not,  just want to find a way to make it.

Of course long term investments are where wealth is built, but need to find ways to quickly obtain them, which involves strategies like fix/flipping.

**Nearly impossible to find right now

Next, I needed to find an investor to assign the deal to.

Can I find 15% down payment options do you think? 

We didn't because we needed to provide POS in order to obtain our STR permit being that previous owner had a permit on the property already.

One recommendation I always give to beginners is find local REI club meetings in your area.

Being a licensed agent in New York gives you a great advantage in finding and evaluating deals.