The link I provided has the charts and methodology used to derive those numbers and how the author defines "real value."

HouseMiners.com actually employs a Nobel Prize winning methodology to calculate the so-called home-buying barrier price.

By that methodology, your price to rehab both scenarios would be the same which is ridiculous at best.I am a rehabber as well and I can tell you that the ONLY way to estimate yoru costs is to have the knowledge and experience necessary to know what specific items cost so that you can plug THOSE numbers in, not some GENERIC formula.

The key is to come up with an accepted methodology, explain it, and stick to it.

Methodology 1: Discounting to Get (12%) YieldScenario 1: 30-year amortization, 8% interest

In my opinion, with short sales, there are many other factors to consider and the least of which is DOM.Some people prefer the shotgun approach where multiple offers are submitted with little or no methodology.

Realty Trac is pretty well known for their inflated number but they are fairly open about their methodology.

Where should I start reading, what books are proven best methodology, anything else related to it?

Regardless of the road and methodology by which they attempt to get there, the ONLY purpose people are seeking with such products is an education by which to make money.

i love his "Special Report" where he says, and i quote:"Most importantly, the business methodology for making money in a bad economy I willteach you, using my real life experiences as a backdrop, are usable by anyone regardlessof age, race, economic situation, geography, credit history or education." well i called the ph # at the bottom of the report and spoke with a Jason Barry who informed me that the classes require going to oaklahoma for a few days( thats a geography issue unless im mistaken) requires a few grand(economic situation ?)