I purchased the property for $5,000 and cleaned the place up, secured it against unauthorized entry, and painted the exterior.

I have a few investors reaching out to me to do business with, but I don’t personally know them and I’m naturally cautious because I want to make sure any deals I do are clean and that I’ll receive my initial deposit and profit in return.

The leather is top grain and easily cleaned but between cleanings im nervous about what it would look like.  

Now I have to run out to get parts and I pick up a 1 in male nipple so I can clean the threads by running it in and out a couple times .

Keep your credit clean, live below your means and be ready for adventure.  

That's the rent you collect, and not including any expenses such as utilities, furniture, supplies, cleaning, etc. 

The only thing that matters is the asking price and your offer price, the ARV is something you use to calculate to see how much money you can make and you can work backwards to get to an offer price, but again, how are you computing these ARVs and how much experience do you have in assessing repair budgets.I don't mean to be harsh, but holding a firm line on a percentage like that will not get you far in a time where everyone and their cousin wants to invest in real estate and is willing to overpay for it.

Having a problem with the drain that is exterior to the sewer clean out.  

It's really about finding really really clean parcel/property data.

We have a clogged main drain, our clean out is in the basement.