I have pretty good idea of ARV based on comps in the area and I can estimate the rehab with a cushion since the open house isn't until the day of the auction.

I tend to be overly conservative just in case something else comes up I’ve built a cushion into my rehab costs.

In the last crash, I saw some people lose hundreds of millions of dollars because they were making nice 12% returns on hard money loans, and thinking there was enough of an equity cushions in the properties they loaned against to make up the difference.

We saved up a cushion of money which is allowing me to take the risk of flipping house and acquiring rentals full time!

I just don't think there is enough cushion in there to justify the risk.  

If you have a large cushion of cash, you purchase it first and then find a tenant later.

I did notice the work was sub-par and I plugged in 6% interest just for extra cushion.

Always run the most conservative numbers that you can find reasonable to ensure that you have a cushion included in the project.The majority of people do not sell their "cash cows," they unload their headaches.

This is a cushion to provide some funds for an unexpected repair encountered during rehab.

Knowing there is a bit of a cushion with higher rents makes me feel more confident we can find something in the 220k and below range, and be able to rent it out with cash flow.