Larger investors will have already done extensive research on an area before putting in six figures or millions of dollars to invest, so just follow them and save yourself the number-crunching.

I live with my wife in Hoboken NJ (we were married about 1 month ago) and when I'm not crunching numbers as an auditor, I like to cook, play grand strategy computer games (#nerd), and am currently starting to do standup comedy.  

So I Found this property, and when doing the ARV I noticed that the houses around it where selling for way more than what the property was. The houses around it were selling from 400-500k, when this house is only goin...

Crunch the actual numbers and you may find it doesn't matter that much.Let's say you're borrowing $100k for six months:At 3 & 12, you're going to pay $3k in points and $6k in interest payments.

Personally, I would do all of the rehab up front at once, but that is a matter of opinion...plus how crunched you are for cash, etc. 

She hasn't crunched the numbers yet but it's looking like as much as 50% higher than last year even though the tourist season is definitely down.

For basic number crunching, it sounds like he charges any where from $50-$150.

Not sure what the numbers were when we started, but this is what our numbers look like for the year. 407 potential deals physically inspected analyzed, numbers crunched. 110 offers submitted 29 purchasesWe write offers on a little more then 1 in 4 of the properties we analyze. 

I pushed it about five different ways with the "well, what if we did.....")The main issue is that you are in a really fast time crunch.  

I am still learning how to crunch the numbers.I am sure I will have a lot more questions in the future, and hopefully some lessons learned as well as success stories.