Market Impact: Perceptions and RealityThe activities of wholesalers have a distinct impact on the real estate market, affecting property prices, market dynamics, and client relationships.Property ValuationsWholesalers often search for properties they can secure at prices below market value.

You can find more sophisticated calculators or spreadsheets but this one is great.

To the other investors, please do not allow your perception of me to dissuade you from continuing your investing in Jackson. 

My son recently talked to me about being a sponsor on a sophisticated value add.  

I used to own three rentals in Seattle but after 2012 when the prices got too high I realized that sophisticated buy-and-hold investors invest where the numbers make sense with cash flow, not appreciation (gambling).

Speaking broadly, I think the best investment strategy involves finding properties that aren't fully utilizing their income potential.At a more sophisticated level, that might mean buying a fourplex of large two-bedrooms, making relocation agreements with the tenants, remodeling the units into three-bedrooms, and then renting them out at market rents.

And sometimes banks are the ones who mislead such a home buyer, by issuing pre-approvals and approvals to sign a contract, but then back out when more sophisticated underwriters spot an issue (in buyer's income, credit score, DTI, property value and etc.) that loan officers who gave preliminary approvals didn't want to see.

Other areas of the city it should be the cheapest unit but this is an area that has a lot of sophisticated buyers.

Typically, banks, funds, and traders will have an expectation or estimate on key economic data releases, often created through sophisticated, complex financial models.

These successful RE investors may know sophisticated localized value adds.