Aggressive pricing is necessary to achieve this, so it's important to ensure the property is realistically priced in line with market standards, which often is not necessarily what you're hoping to sell for. 

When making offers I want to utilize the standard 70%-ARV-Profit formula.

Quote from @Brandon Bell: I've owned a property for four years with a standard fixed-rate mortgage, and now I'm looking to convert it into a rental.

For list prices, what is the standard? 

Any estimates on price per square foot for standard 3 flat, no basement and basic finishes -3 beds 2 baths?

Without standardized processes in place, costs can rise quickly, timelines can stretch, and profits can dwindle.- Standardized Renovation Models: Establishing a clear scope of work for different property types can help manage costs and reduce unnecessary decisions.

The previous landlord only collected half month rent as deposit, and I would like to increase the deposit to standard one-month.

What would standard down the payment be? 

It's a very competitive market there.I think your 203k approach will likely be a leg up in deal hunting as you'll be able to take on an investment that needs a bigger scope of work while others might be looking for a more standard value add situation.let's connect. i'd love to help however i can

Also, someone suggested getting an LLC for each property I purchase but that seems like a lot... is that standard practice to do that and then just have all listed under a holding company?