Hi Nick,I'm by no means an expert on South Bend, but I'm fairly familiar with it.

The contractor took 3x as long, raised the budget by 70% as kept finding new little things it needed.

It’s located in New York State, and I was informed (though I haven’t seen it in the auction contract) that all mortgages and taxes will be settled by the seller at closing.

A full bathroom addition can potentially boost value by up to 20%, while a half bath might add around 10.5%.

I've been approve by the bank and they are willing to loan 80% of the money, but I need to come up with the 20%.

He earned quick money as a wholesaler, and I have a house to keep)Rehab cost: $20k (vinyl floor, interior paint, new dual pane windows, new toilets and bathroom vanities, lights, new landscape, new AC condenser, all done by handyman, spent some extra money for minor plumbing and electric jobs, hydro jet sewer lines, clean up attic (had mice), added some insulationTime spent: 3 weeks (two handymen for the first two weeks, one for the last week)Value after repair: probably around $440kJobs still need to be done later: some dryrots, roof work (it's tile roof, roof doctor quoted me $9k, handyman said probably $5k, home inspector said $15k you can get a new shingle roof.

Takes that expected of of life replacement total, and divides it by the time left.

Sure, the fill time can be almost non-existent, but you also may need to abide to standards accepted by the previous property owner.

The best information on this topic is a book written 42 years ago “invest in debt” by Jimmy Napier  

Still new here- I know I can find the cap rate by dividing the NOI by the market value but what's the most reliable way of finding the market value?