OR If you are comfortable crunching your own numbers obtain a stack of comps and see what people are closing prices at versus the list price.

I estimate the flooring to be around $6-$7K, mainly installing ceramic tile and some wood flooring in the master bedroom.So my problem is I've been crunching numbers  and getting lost in it.

I haven't seen the property (they only posted 2 pictures of the houses, outside) and don't know the address (but it's in a desired neighborhood)  because they haven't emailed me back yet, so i know it's hard to "crunch some numbers" but for someone like me who is totally new to REI and I don't have alot of funding (i have 15k at most?)

This way you make the right deal on the purchase side and alleviate some of the risk factor assuming you crunch your numbers and account for your overhead correctly.

@Arn Cenedella I am looking for mostly passive investing, recognizing that the initial setup will take time and energy.As I crunch numbers I do see what you're saying about the reasonable CoC return rates.

Crunched numbers on a few rental today. 2 SFH and 2 fourplexes. 1 sfh is being remodeled as a BRRRR.

I don’t know the status of those programs with the current credit crunch.

If you can crunch data quickly for an investor, it can help them and in turn, help you develop that relationship.3) PA is great compared to NJ.

I have crunched the numbers on condos and haven't found a way to cash flow, unless you use the condo for a STR or do a co-housing (rent by the room) strategy.

Pat,A quick numbers crunch doesn't look like this would be a great deal.