Once the sellers accept the offers.. 

I will keep that in mind when discussing the offer

I understand being in high cost market and it being difficult to buy but the "cash flow on paper" inexpensive markets is a gamble.

Here's the details:ARV- $210- $220KRent: about $1,900/month3 beds/ 2 bathsNeeds: New roof, New HVAC, New fence, Minot touch ups inside like paint and cabinet touch ups.Rehab- About $40kI offered $140K and he countered with $190K.

@Yael DoronIf you're working with a $150,000 budget and aiming for high ROI through rental income, consider nearby areas around Phoenix that still offer affordability and growth potential.

If you got a sight unseen, off market offer it could be a low baller.

I'm just here to note that an LLC does not offer a single tax benefit, nor does it allow any deductions that aren't allowed without an LLC. 

Look for a local credit union that can offer a cash-out refinance once the work is done, ideally with minimal seasoning.

This group is an incredible collection of midterm rental hosts who support one another by offering advice and suggestions, being a sounding board for each other, offering mentorship and collaboration opportunities and share our respective networks.

everything on and off market gets multiple offers almost immediately.