Looking at an off market property, that “feels” like a good deal: estate sale, cosmetic updates only, ability to convert from 2/1 to 3/1.Probably a pretty basic question, but what’s the best methodology for estimating ARV (and post rehab appraisal).

Fairly new to this and although I understand how to run most of the critical calculations to analyze the deal the part I am struggling with is understanding the best methodology when it comes to the "Refinance" portion of the deal.There are (2) extremes:Option 1: Take the full LTV that is offered even if it means running cash neutral/negative as it is buying the next house and the combined income of the (2) houses versus one is more than just the one.

If they are not ancient and can be spruced up quickly and easily (new flooring, paint, appliances) then you should sell them quickly. 

Usually workers focus on a niche or two now at days.The preambles to Treasury Regulations usually explain the writers methodology and what they're trying to accomplish. 

Spend just a few hours a week honing your marketing skills, continue to develop your note sourcing methodology which is the #1 skill you need to succeed.

Link to Purchase listLevel of finish - similar to this : 538 s harvey ave , oak park , ILLink to Model homeAlso if any one is in similar stages of rehab and want to exchange notes on methodology , finding contractors , finding materials , Finish choices , please send a connection request , I am a big believer of sharing knowledge and firmly believe 1+1 = 4 .P.S: Even if you are not experienced and just looking for advice I am open to talking.

Look at any major architectural feats, the creation of ancient empires, historic works of art, and even the rise of Facebook and Uber; they were carefully and intentionally planned.

I understand that PM is not a glamorous business; however, I am lucky that I am young enough to gain experience in an area inside of real estate that will help me further on throughout my REI journey.I would Befriend Chris Clothier and ask to visit his operation in Memphis and get the tour.. and understand their methodology.  

The outdoor condensing unit looks good, but the interior unit looks ancient.

As Bill and James pointed out above, there are some flaws in your assumptions, but the biggest is this -- there is no ONE RIGHT WAY to manage a rehab, manage contractors, decide who will provide materials, etc.While I agree with some of your points (and disagree with other points you made), the fact is that there is a lot of personal preference, personal circumstance and personal business methodology involved in deciding how to get your rehabs done.Investors are on site day 1 when we start, and back the day were done and never need 1 second of time in between.