I've found a marble to be helpful on occasion, since some of my areas tend to have some foundation issues and its not always easy to tell just by walking around and looking.When you get to the accepted contract stage, then you break out the tools and start looking closer.

If the market will bear such a high price, then great for you, but my guess is that the deal will not work for a buyer with such high mark-up.I get $10k fees on homes with profit margins of $80k-$100k where the ARV values are in excess of $300k.

He was telling me how the show was totally scripted and staged.

In researching LIHTCs a couple years back, I found I was able to get to a 4-6% cap rate at the schematic stage.

I would support house hacking, especialy in the beginning stages of investing.  

- Will the property be completely vacant or will there be furnishings or other staging equipment or property stored on the premises?

@John Mathewson: At your stage in the game, what do you feel is the most useful part of Bigger Pockets?

I am still in the early assessment stages and have plans to migrate to Porsches and Corvettes which according my calculations will do many multiple thousands more but we shall see.

He said he's in a holding stage and not wanting to acquire additional properties.

They only have to be all accredited investors if you're doing a 506(c), which you wont want to do at this early stage anyway.