However, we're finally at the point where we'd like to start making offers.At the moment, I first calculate using the typical BP rules-- 50% rule, 2% rule (I allow them to go down towards 1.25%), 70% rule with flipping estimates, $100/month/door, etc...  

But Im sure rules are different over there!

There's conflicting evidence on the first $5,000 for a "passive" real estate investment online and I couldn't tell if the $5,000 rule is only in effect for "active" investments.3.

Everything is fair game and there are no rules from someone liking this analysis and beating him to the punch.

If you are dead-set on staying in the Zion area (and want to obey all the rules), I would be very leery of rental rules.

I rely on BP, Clever Investor, Youtube, and Books to teach me about wholesaling and I'm still a newbie.If you have the Clever Investor program, we can support one another on that too!!!

To enable a sort of "disruption" of a field, it is necessary to let go of any established rules of the field and view it as a completely new and naked playing field.

It's far from the 2% (or even 1%) rule, though I kinda doubt that's possible in that area right now.Purchase price: $179k + $4k or so in closing costs. $120k mortgage at 2.75% (5/5 ARM).

Monthly Income:$1,150.00Monthly Expenses:$750.72Monthly Cashflow:$399.28Pro Forma Cap Rate:7.32%NOI:$9,156.00Total Cash Needed:$30,000.00Cash on Cash ROI:15.97%Purchase Cap Rate:9.16%Total Monthly Income:$1,150.00x50% for Expenses:$575.00Monthly Payment/Interest Payment:$363.72 Total Monthly Cashflow using 50% Rule:$211.28

Anything in the SouthCoast region would get a lot of support and would be a great resource.