@Harsh Singh its all about not paying to much and building a margin there that if you have some vacancies the property will still cash flow or brake even.

With rehab or development you want to stay fluid so you can get out if things change.

Only because, those numbers are very fluid, they will change, depending on the overall acquisition price. 

Lease it to someone who relines brake shoes, clutches, and other stuff lined with "friction materials".Is there a loading dock, or can one be easily constructed?

So I put the brakes on my REI activity.

What you need to know before hand is that the ARV is fluid.

This isn’t very easy to do unless you have a bit of experience  It’s a lot like riding a bike- after you’ve done it a few times it comes fluidly and naturally, but it takes some practice (and a couple of falls) to get started.

If we find it is a tenant caused probable, we charge them for the cost of clean out.Depending on the price of the insurance, it may be worth it, but if you only have a few houses, the odds of not having a back up is in your favor.As an investor and future owner of many more properties, you should try your hand at doing it yourself; Rent the machine with the auger and motor on itTurn the water off to the commodeDrain it as best you canRemove the two closet bolts (when replacing, don't tighten too tight or your brake the porcine commode).Remove the wax ring--- messy, stinky -- use cloves - don't get it on your clothingLife the commode from the waste line......guaranteed you'll get water on you (hope it is not yellow)Now feed this heavy cable down the waste line as far as you can go.Push the start button on your machine and watch the cable spin as it seeks the block, oh, be careful because sometimes stuff will fly out and may  smack you in the face.If you are lucky you'll find a baby's toy, a rag or some sort of material that may be unpleasant; bag that ugly stuff for later disposal.Oh, did you buy a wax ring?

"Significantly less" is rather fluid, but I've found that a 5% to 7% haircut on a short sale scenario vs a foreclosure scenario (according to my own horseback calculations) gets approved.

It is typical for me to buy a $2000 lien and need to sell the property for $8-10K to brake even.