Some studies show half of the properties can be off by 5% in market value!

The bulk plane, allowable square footage, and massing is a bit tricky and very site specific, so we always do an initial Feasibility Study with each client to cover this and the questions above before getting into design on these. 

I'd go that route rather than a JV so that you maintain the control while you rehab the property and either sell or rent it.

I have recently started studying real estate and I am preparing myself to enter the world of wholesaling properties in the Maryland area and beyond.

.- Study up on offering owner financing to investors.  

I became inspired to do REI shortly before leaving the states but now I am about 6 months away from where I want to begin my investing.What can I do to build myself as an REI even from afar (besides just study and research, I have been doing plenty of that I can assure you!) 

The loans are forgivable after 10 years (5 remaining) if certain tenant guidelines related to income are maintained.  

I would agree with Michael....of course the price would depend on the deferred maintainance and how much rehab the inside needs. 

More insight of the current numbers (considering a 4.5% interest rate for the new loan)House 1Monthly payment(PITI+HOA): $1,700/moPotential rent: $2,300/moCashflow w/o management company and allowance for repairs(house is in great shape): $600/moHouse 2Monthly payment(PITI+HOA): $3,964/mo (if offer is accepted but I believe the case study is valid for any other house)3964-600 (cashflow)-1700(mortgage first house)----------------------$867 I have to come up extra with every month.In this particular house there is also a room with bath that could be rented for about $800/mo (efficiency, as we call it down here).

And I have been studying my market so I have a brief idea of what the house prices are in certain areas.