For example, if you look at Houston, The Woodlands Sugarland Texas the total building permits issued based on annual report was 42673, but if you add up all 12 months from the monthly report the total was 44879.Please note that I used the monthly/annual  reports titled  "New Privately Owned Housing Units Authorized Unadjusted Units by Metropolitan Area"  which I got from https://www.census.gov/construction/bps/I just want to make sure my analysis is accurate.

That is an awesome rehab job and great profit, especially for a first deal.How did you go about figuring your ARV and rehab estimate during the buying process, i.e. what was your due diligence process like given that it's your first deal and what gave you certainty that your numbers were accurate?

I'd say more often than not they are not accurate enough to use for any kind of analysis. 

The dust analogy is also not quite accurate for all line items.

I personally would prefer something a bit more specific like taking account of all the big ticket items that will need to be replaced and using their expected life and expected replacement cost  to get a solid number that, imo, has a better chance of being accurate than a flat percentage.

TimTim, I'm not saying you can't do it this way (I'm sure you can), but saying you need to do it that way is not accurate.  

Many times good accurate scope/costs are the missing link in determining if it is a good deal or not.  

It's pretty accurate and you can do a lot of searches on their free plan.

I think there's a misconception that problem tenants want to live in areas like the northside and the eastside, and I've found that to be far from accurate. 

Please help me understand this  Thank youTony V Cash reserves have changed and your broker or loan officer isn't giving you accurate numbers.