It's important to always remember this when trying to extract value out of a realtor, if they can provide any

It's a great way to extract capital from your primary home equity and use it to acquire cash flowing properties.   

Everyone of the people I get lists from use a ARV number to extract absolute maximum value out of the deal.  

I call cashflow income generated by the asset.You can refinance an amount less than your down payment, equal to your down payment, or more than your down payment...or you can consider your down payment left in the property (the equity created) and the refinance is extracting the value added from rehab (profit). 

I agree with Scott's post; I would start by looking at the bit that I extracted and quoted from Scott's post.

And that business can certainly be RE -- whether development, rentals, notes, etc, if you have a trusted management team running the business, there are generally ways you can completely extract yourself from the business.Sure, the business could fail, the stock could tank, and you could be left without financial independence, but again, that can happen with govenrment-backed interest-bearing securities as well.

With a C Corp, you have to extract the capital eventually, and the double taxation is a killer, even with the lower flat 21% fed rate at the entity level. 

Our family home is paid off, so my plan was to use any equity we can extract from that as working capital for acquiring properties.

So when you are out and see a place you can instantly extract the sale info on the property run the numbers for you instead of going and using your own your spreadsheets etc.

If you have access to a public website and need to ‘capture’ the data from it to create your database or spreadsheet for your leads (assuming your county doesn’t already offer the information in a spreadsheet format), the keywords you need to learn are “data mining,” “screen scraping”, and “data extraction” (I had never heard of either term to describe capturing info from a website until I went to craigslist and found someone under the ‘services’ section who offered IT services….and explained what I needed.