More of an art than science, but look at all available data.(3) Make repairs estimate to establish ARV.  

From both a weather and life-style point of view (arts, music, theatre, food, outdoor activities...all better in Austin, IMHO). 

. - The Art of the Deal by Donald Trump.

@Robert Collins Be careful of using owner occupied loans when all involved art not living there, It might be considered mortgage fraud.

Aaron it's not really being scared as a buyer it is knowing when someone is new to the space and needs help.If someone is a white belt in a martial arts style (new buyer) going up against blackbelts (experienced seller and listing brokers) to spar wouldn't they want a black belt by their side to help guide them and offer helpful tips so they do not get knocked out and have their clock cleaned?

I am a new student to the art of real estate investing and have only been living in Utah for 11 months, so I still have a lot to learn about our market.Thanks in advance!!

You may find that your personal letter yields a better response rate than you postcard, or whatever you're using.There is a lot more to this art of mailing, but hopefully this is some good food for thought.- Troy

I went to a liberal arts university in Douglas County and lived there for many years so it's safe to say I have a passion for helping those that need a hand up.

For example, an investor might purchase a fixer-upper in a "hot" neighborhood, substantially renovate it, then offer it at a price that reflects its new state-of-the-art appearance and amenities.

@Richard M Rajchel - putting a good CMA together is part art and part science - in any case it is something that requires practice and you get better at if you do it a lot.