While your well can need to be much deeper then a neighbor, our neighborhood wells were about the same depth.

You want your comps to be as similar as possible to your subject house.The basic wholesaling method of determining an offer is as Mr_Investor stated - 70% of ARV minus whatever the repairs are to get it to your comparable sales standards, minus your profit.Understand that this a general rule, and I would highly recommend you do some in depth research into your market FIRST before you use that formula.

I'm a 21-year-old individual eager to gain in-depth knowledge about the Indiana, Indianapolis real estate market, including trends, pricing, tax advantages, and essential information that isn't readily available online.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

So I am out of my depth when it comes to being a property manager.

They go in depth on LLCs, as well as LLPs (Limited Liability Partnerships) which do not seem to get as much attention but after listening to that episode, its definitely a tool I'll be using in the future.

I can consult in more depth  on this over the phone. 

As a 21-year-old, I am enthusiastic about exploring the Indiana real estate market in-depth, particularly concerning trends, pricing, tax advantages, and valuable insights not easily accessible online.

As a 21-year-old, I am enthusiastic about exploring the Arizona real estate market in-depth, particularly concerning trends, pricing, tax advantages, and valuable insights not easily accessible online.

RentRedi, having the more in-depth process, will produce fewer leads with higher quality.