Of course, you want comps to be as close to identical as possible in terms of sq ft, beds, baths, rooms, acres, garage, etc.Give me a call if you want and I can give you an idea of the ARV of yours.  

The reason for this is that it is only taking into account real solid numbers (Sqft, bed/bath, year built) and no other factors.

Hey Guys-Trying to figure out if I should make a move on this one.  12 single bed units, in a large well kept building.  

I was thinking if i could find a four bed room close to the school it would yeild 4 rental payments each month.

Overgrown yard, weeds in flower beds shows a lack of caring and invites a lack of caring.  

If I buy a 3 bed home for $200k, put $20k into it, the ARV can be $225k or $500k, it doesn't matter.

The Property: A little over 1.25 acre1056 SqFt3 Bed | 1 Bath RanchFull Basement (unfinished, may do this at a later date and refinance a second time.

this is my dilemma I just had a tenant of two years who recently moved out on doing the move out inspection I saw that the carpeting which was installed just prior to the tenants moving in had  black paths around where I guess the beds were, the carpeting has buckled in areas from the heavy furniture that they had and its completely matted and no amount of steam cleaning will restore the carpeting.

HVAC is 5yrs old Plumbing is good unsure of the age.Purchase 88k Loan FHA 3.5% down bed/bath 2/1 each sideSide 1 is currently rented for $440 (below market) by $45 for the sizeSide 2 I will be living in with a roommate and room rent is $330 (median market for a room for the size)Side 2 COMPLETELY RENTED will be $675 (median for market)Owner pays near $180 for water a month and tenants pay the rest of the utilitieswith mortgage, insurance, taxes, fees, monthly payment to own the property is $611.87I am really just trying to cover all of my bases right now. 

There in the kitchen, garbage, bathroom, in the bed rooms a little bit, and even in the refrigerator.