If you use the 70% rule (not the only method for determining purchase price), based on your estimated ARV, a purchase price in the $60k range would be a decent target.Another thing to think about is typically at courthouse step auctions, I believe you have to have all cash to make the purchase.Whatever you decide to do, best of luck to you!

You are absolutely right about the valuation methods, and for that reason I don’t treat them exactly the same.

I am most interested in using the BRRRR method to obtain rental properties. 

Additionally, when I have several projects going, I have to do a lot more accounting for floating checks/expenses than I would need to if I scheduled each electronically.Has anyone found a good and simple method for transferring money electronically that a contractor could immediately see the value? 

Hey guys! I was watching one of BP’s webinars the other day and one of the strategies that was mentioned was the stack. He was explaining how you can buy 1 house one year and then 2 the next and 4 the next and so on. ...

Without the BRRRR method we would be beholden to having a high downpayments.  

We painted the whole house, trimmed a ton of tree off the house, Power washed whole house, replaced all fixtures and tuned up AC.

If your style of investing is to have your properties paid off faster, then I guess this may work, but I think you’ll find if you keep learning from the site you’ll discover better methods than just 15/30.

I mostly plan on investing in multi family homes between 2 and 4 units in the beginning using the BRRRR method that David Greene teaches in his book BRRRR!

Plenty of methods have ZERO seasoning.