Don't just focus on the after-repair value (ARV) - that's pure speculation until the project is actually completed and sold.🛑 Unrealistic ROIBeware of deals promising excessively high returns without proper collateral or penalties.

For example, in NJ we are basically pure ad valorem system, w/o homestead. 

Although the lending conditions have changed, so finding pure BRRR deals is getting tougher.

My post that you're referencing is purely addressing the math side of the equation, but everybody needs to make their own decision because each situation is very personal.

It was just pure luck.

Are you looking to do a house hack or is purely an investment vehicle? 

The problem is, a lot of these folks are going into Detroit purely for the cash flow.

Plus garage, and fully renovatedMy question is should I be looking at this purely based on cost/sq ft, or should I give a percentage value to the property it sits on, then assign a percentage value to the structure itself to figure out the fair market value?

If you're going to be a fix and flipper in today's world of high rates, gotta do pure cash not HMLs.

I'm viewing this question from purely a data standpoint.