Look at the pictures to evaluate the quality of the materials and workmanship of the comparable sales and align your ARV accordingly. 

That side of my portfolio is most definitely a business and not passive at all.While the note investing world is a small niche, within that world is a wide range of different investment types.

You should look at Ocala.

I am looking at listings online, running my numbers.

They try to hit that goal and have been successful at that, he told me.

That's most likely going to be a C- neighborhood or lower so there could be more perceived scale to BRRRR, but a tougher decision on how to renovate at that price point and possibly harder tenancies.I would get to real estate investor meetups in your area.

Increasing it to at least $500K to $1M ensures better protection.

If they are paying little to no money at closing, what skin in the game do they have?

He still buys at a discount regardless of the strategy.

Then you can breakout to do your own deals with the information to estimate rehab costs by just looking at the deal at face value with all that new knowledge from the partnership.