However, he has not had to do it before, and me and him together are trying to figure out better, more precise estimates.

What I can say for certain is the price range data I have provided has narrowed their focus and created a level of precision, in my Flipping Plan. 

If you need more precise information PM.Here was some thoughts on Charlotte, and why to stay away from lower end deals.The problem with the lower end assets, they are such a more hands on investments , just more of a headache.

Precisely.

It is not so easy precisely determining value on which a bank will lend against.As I expand I would like to create a system.  

This is precisely why I invest in other markets :-)

I love this question, it always reminds me of Buridan's Donkey..Wikipedia..It refers to a hypothetical situation wherein a donkey that is equally hungry and thirsty is placed precisely midway between a stack of hay and a pail of water.

(a) A landlord may not charge a tenant a late fee for failing to pay rent unless:(1) notice of the fee is included in a written lease;(2) the fee is a reasonable estimate of uncertain damages to the landlord that are incapable of precise calculation and result from late payment of rent; and(3) the rent has remained unpaid one full day after the date the rent was originally due.

Good morning @Laura Levine,Which is precisely why I say that using HML "forces you to really sharpen your pencil and look for and/or create RE transactions that make the most sense from a financially sound point of view."  

He is fast and precise.