There are also other websites that have a Cost of Living index or other comparison tools.

Pleased to accept the recommendations of those more experienced than I and I thank you for your advice!

Most will be happy to accept the check and deposit them for you.

Thanks Dennis, I think you're right that planning for a more conservative return would be a good idea.I re-ran my numbers at an even more conservative level:Lower ARV: $800,000Lower income levels (I'm assuming it will take a couple years to get up to full potential income, but giving myself 3 years was a conservative estimate):Year 1: 50k (NOI $1,000)Year 2: 80k (NOI $31,000)Year 3: 100k (NOI $51,000)My ROI numbers come out to:1% (year 1) 46% (year 2) 76% (year 3)This scenario seems like an acceptable risk to me, when the upside seems far more profitable.

I accepted the connect invite.

There's also a calculator on my website that will help you navigate different scenarios.

I made a low offer and it was accepted.

If I were you, I'd check out Mike Curadossi's website: https://section8doneright.com/.

If there is an existing lender not agreeing in writing to accept payments from the LPO buyer, then you are in violation of the statute -- and it is a very toothy statute -- vs the seller/landlord side only thoughWe are getting ready to get one in place because the seller is demanding it and my client is the protected buyer.Yes -- you must vet your sub to buyers -- some should not be anywhere near a wrap transaction.Stay safe out thereAlan

You can use the "website" button in my signature below to set up a day/time that works for you.