I'm new to real estate investing and have been looking to buy my first property for the past 3-4 weeksI have roughly 120k (not all of that I would like to use) to put towards an initial investmentI found a property that I would like to get for 325k that is in ROUGH shape, basically every room and property needs a lot of TLC.I'm getting a 2nd GC to come and look at it but I'm estimating anywhere from 75k-100k in rehab costs to really get it updated.It's a 4/2 with the potential to be a 4/3 or even 5/3 with some creativity of the attic space. 2750sqft with a beautiful pool area and big backyard in Central FL, 15 min from Disney.The girl that has the property wholesale is saying the ARV could be anywhere 550k-600k but honestly, I don't see that number being accurate looking at comps around within a mile or two, and I really need an expert evaluation on this deal but don't know who to go to.I would love someone who has experience doing BRRRR or fix and flips to look at this property/deal and be able to say "this is a no go" or "you have plenty of margin to make this profitable"Any help would be super appreciated!

Peter,That does not sound accurate based on having a Schedule E and being able to take those deductions as well as other standards.As an investor it’s not a bad thing to show more gross income which usually allows you to buy more properties with more income and a lower DTI.

Is the rent rate accurate?

Here is the website of the insurance company: https://www.equityins.net/Actually, no... here is the website for the "insurance company" -- https://equityassurance.us/lolSearch the archives… this is accurate. 

You'll get some "it's not accurate" but they're actually pretty well right on, since its data pulling not algorithm playing. 

That makes sense of course, and I provide them feedback on expense estimates and rental comps to estimate accurate rents.

Not worth an OOS investor gambling on investing in that Neighborhood when there are so many other BETTER Neighborhoods.

Look for recently rented units to get the most accurate picture.Rental listing websites: Utilize platforms like Zillow, Trulia, Craigs List, (In Utah, KSL), Facebook Marketplace, or Rentometer to search for comparable rentals and analyze rental trends.Local property management companies: Contact local property managers for their insights on current rental rates in your area.

I'd be surprised if that is even close to being accurate.

@Caio Ferreira Torres you mean a podcast/youtube video/ticktok wasn't accurate?