I ran all of the numbers accounting for knowns and unknowns and used a conservative estimate to find out that every property will cash flow >$100/mo.

I am not one to bank on appreciation, so I ran my numbers accordingly.

And the cash flow is solid when I ran the numbers, but the downside could cap 2020 growth.

I ran it 3 times to ensure it worked and my new tenants (and the PM) could never tell there was a stove fire in the unit prior. 

By the time I came in I ran the numbers through the BP Calculators and knew exactly what I could pay, which was about 30k less than asking price.

And suggesting someone put there parent in a nursing home is not your place remember some cultures just don't believe in that.  

I ran a flip from the Jersey Shore in Philadelphia a few years ago and even after having experience behind me, there were some mistakes I made that made the 90 minute drive to the property an extra problem. 

I ran my numbers and 950k$ is the value I get once the property is fixed up and the vacant space is filled.

I ran the numbers and the rents worked with me so I placed a bid around $770k conventional waived inspections with a 17 day close.

Since it came in the friend's name as return address we believe this is the first time this person is paying rent.IMO I would also only put them on a official lease if I ran them through a full blown background and reference check.