That's good enough for monst people.

For the moment, it's good enough that the home value and rent value continue to increase with everything else in Lakewood, but is this the peak?

If the deal is good enough you can find an investor to buy it without inspections. 

Capital can always be borrowed/raised as well, you just have to have a good enough of an opportunity to support the debt and compensate you for the risk. 

But at the end of the day I'll buy anything of the deal is good enough.

The biggest thing that sticks out to me is, if the property is in good enough shape to qualify for a conventional mortgage, there is a larger pool of potential buyer, so there may not need to be enough spread between purchase and ARV.

While you assume $3000 in rent with a mortgage of $2500 leaves you $500 in cash flow the reality is that after factoring in the above amounts and any other expenses you will quickly realize that your margin wasn’t good enough and you’re really at $50/month cash flow or even negative.

Anyway, the basic idea here is you should provide the appraiser a reason to reconsider there value and analysis and just saying "mine is better than those," is not good enough.

As we know here on BP - if the deal is good enough, money will find you. 

Curious on peoples thoughts if I over stretched or if this is a “good enough” deal to get my first house hack in this market.