That's what they put on a good faith estimate I got, but I'll double check that in case that sounds low.

In my area of California, Sacramento, the appraiser will look at homes that are close in proximity, and similar in size and amenities, to determine the current value of the home.The "flipper" must either be really good at estimating future value, or they need to have someone who can do that part of it for them.  

In my opinion sites like Rentometer, Zillow, etc. are not good places to help you determine rental price because they are just estimates, based on whatever algorithm they use.

Remember when hiring lead companies, their best line is "yeah you might spend some money on leads, but when you get one project, it all pays off", and ad companies use "we will get your phone ringing, i suggest you offer free estimates, it will pay off itself when you get a job anyways".

Hi everyone,Can anyone refer me to a structural engineer who can give me an assessment and an estimate on a tilted foundation issue?

Here are the numbers:ExpensesVacancy (5%)-$105.00Cap Ex (8%)-$168.00Water (Based on living in the area)-$50.00Management (Will self manage, but still included)-$168.00Property Taxes (estimated from 2015)-$250.00Repairs (8%)-$168.00Electricity (Based on living in the area)-$200.00Insurance (Overestimated based on first duplex)-$150.00Principal and Interest (4% on 114k)-$544.25Total-$1,803.25Income (Based on area)Unit #1: 2 bed 1 bath$800Unit #2: 2 bed 1 bath$550.00Unit #3: 1 bed 1 bath$450.00Unit #4: 1 bed 1 bath$450.00Garage (2 spaces)$100.00Total$2,400.00My plan is to offer a low-ball cash amount and then refinance after some repairs are done.

I would typically look at historical collections and then make an estimate for future income. 

For estimating renovation costs one would need something more detailed than a flipping calculator since dozens of little items can add up to big budget overruns.

Prior to purchase 2 years ago, I had determined that a reasonable rent was $700-850, with the caveat that these are a bit hard to estimate as 3-bedroom units in a 2-bedroom market, with the units a bit more upscale that typical in the neighborhood.

Equity doesn't really exist until you sell the property - until then it's an estimate of equity.