That affects your loan amount and then principal & interest payment.2) Estimate rents based on recent rental comps3) Account for all operating expenses such as property taxes, insurance, repairs & maintenance (landscaping, snow removal, cleaning etc), property management (if applicable), vacancy, utilities (what does the tenant pay vs what you would pay?)

In the end, buyers would overpay for the actual property based on earnings.

It's a GA LLC, but we're based out of CA. 

Hi, Based on my knowledge I don't think a three bedroom two beds will go for 2 K A month But I'm not sure, maybe it depends which zip, And the condition of the property as well.

ASSET BASED LENDINGNote: Hard money is defined as average loan size under $2M, average loan hold duration under 2 years, and not a bank. 

I’m a new investor based in Kingston, NY, with a focus on the Hudson Valley and Catskills regions.

Your argument is based on outdated assumptions and ignores the reality of today’s labor market.

Unlike Robert K and many on this site, I judge a property based on total return.  

Does anyone have a "program" or formula to use to establish a reasonable list price based on current income and expenses.

Hey Drew based on what you said about the inspection I would do an inspection contingency that would allow you to get the seller to cover some of the expenses through closing cost credits.