@Jamie BatemanI think it has 2 big strikes against it.

You'll lose out on plenty of deals (consider it practice) while you play analysis, but when you get good, you can strike fast.2) Locally, I'd consider this a deal ($350K ARV, $190K Purchase, $50K Rehab) to have 15% profit, using HM - about $53K, net of all costs with 5 months of carry.

From the List Price, Strike Price (90%), Goal Price (80%), down to a Base Offer Price (70%).The last part will be Action Required – Move on to next property, Keep on watch list, or Conduct a more detailed analysis.I will post my analysis results on this post as I have the opportunity .I work a lot of hours so they may happen several at a time. 

If we can strike a deal with them, we will want the property in our names to refiance so I am nervous about that.

Also, if they're not hitting the metric you use for rent vs income, that's two strikes.

However, the wording of your post didn't strike me as being positive.

Grant strikes me as the "Here's X dollars, let's do this" kind of guy instead of the "Hi there, let's make a deal" kind of guy.Ben Leybovich made a similar argument to yours in an article he wrote.

However, it strikes me as extremely rude and presumptuous to get a blind Colleague Request.  

I send the contract back and the listing agent responds to just strike through it and change the closing date.  

While I am focused on A-B grade neighborhoods to strike a balance between cash flow and minimize risk of vacancy/low quality tenants/& stagnant depreciation, I'm also interested in what investors are up to in lower grade markets (Goose Creek, Moncks Corner, West Ashley, North Charleston, etc.)