And then plan backwards as to what is it you need to do now in order to get to that point?!

Then you work backwards from there to figure out what the Maximum Allowable Offer (Purchase price) should be.  

I would first verify the ARV, than work backwards.

What’s your goal, then work backwards from that.

I myself, like many others, started with a purchase of a condo, then to a single family, then to a 2-4 unit, now to commercial multi-family with 5+ units.Figure out your goals and why you want to invest and work backwards on how you can achieve those goals.

That’s what I get for trying to work it backwards.

If it had stopped Themistocles, the entire western world might well be utterly ignorant and backward today, perhaps trying to beat their god-king's punishment into water, as the historian Herodotus recorded that Xerxes's slaves once were ordered to flail at the surface of the Hellespont, to punish it for being unruly and not allowing the Persian army to cross it easily.

Hi Mark,It's always easiest to me to work backwards from an end goal. 

You can follow the sales price and the work backwards on the numbers.

You guys have encouraged me to think big, set my goals and to work backwards from there.