But again, there is a charm to older properties, because if they do have the proper envelope a great structure, and the ability for a functional layout, they can have a lot of potential. likely a full gut...

You've possibly stated in writing that you (may have) violated several laws ie. working as a property manager w/o the proper licenses etc. 2.

Have you ever had a year where your insurance or proper tax’s went down?

The second violation gets them suspended until they watch a 5-minute video that addresses their violation and proper behavior, and then they pass a five-question test.

Hello everyone,I am about to start writing out offers and I wanted to know the general opinion on how to find proper comps in the area when calculating ARV.

Meaning once they get properly underwritten they'll be pressing DTI limits.Those two are not going to be reason the pent up demand gets exercised; if rates drop significantly and quickly it's for a net negative reason and likely job loss so those "pre" qualified and approved are likely on shaky grounds and buyer expectation shifts happen to the one's that are extremely well qualified. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If you encounter this situation, you should hire an attorney to properly managed dismissal of these suits. 

Since flips are typically treated as dealer properties, profits are taxed as ordinary income.Please make sure your entire structure is properly analyzed for you to save most amount of taxes.

Don’t forget this can’t be done in Las Vegas proper.