Ideally you'd want within a few blocks, maybe no more than half a mile for the comp to be accurate

@John Cava While the ideal time to get unbiased professional insight is before the transaction, getting such advice can still be very impactful at this point.

@Corbin HiblerSome jurisdictions will allow repairs to be rolled in when its main sewer repairs - unlikely but you can ask.Have you considered refinancing the first to get $ out - probably not ideal but an optionLast option is to sell the property.

, what made you feel secure taking the leap with hard money and going after that first flip.Partnering with an investor or doing seller financing would be ideal, but I'm still growing my network by cold calling other investors and real estate agents and attending local events.

I put my 10% down, and am looking to insure the property while I deal with current owner residents.

When looking at this you should focus first on the ARV though you may not think on selling that will give you an understanding if you will have a return After the rehab.Then you look at the cap rate, this is important for the long time investing and It will depend on what you are looking for (Long Term return, cash flow).An last is cash on cash that will help you to get an idea on how your money is working.Dallas is a hot market for investors and these are the numbers that I am seeing:ARV: ~80% (Ideal this Number should be 70% to 75%)Cap Rate: ~5% to 6% (Ideal this Number should be over 7%)ConC: ~4% (Ideal this should be 6%)Trying to get the ideal number could take you a while.MF with 2 to 4 are completely different than 6, 8 and above.

The ideal scenario then is to rent out the middle unit + garden unit together  as a duplex down.

The Pro membership is ideally for investors, giving them the tools they need on their journey like calculators, landlord forms and discounts.

Then just take that polished-sales comps function, and run every new listing in your area through it, and you get what I called the Daily Spread Analyzer in my Page 1 reply.As for how to do CMA/Comps, it's as easy as pulling up the neighborhood on RedFin (ideally 0.25-0.75mi max), adding filters to match similar BR/BTH/SF Ranges, and then sort by Highest Price to Lowest Price.

At this stage, I believe the 2-4 unit multifamily properties are most likely most ideal.