Below is small mental list of terms I would like to see, as my potential mentor suggested I write them down) I would appreciate any feedback for missing items, revisions, or anywhere else someone thinks I am missing the ball.

So raising capital is the very first thing i looked at to get started, flips or wholesaling etc...However i managed to speak with a family member who gave me about 20K to get the ball rolling.

A low ball offer and a calculated below market value offer are two different things.If we have an example below:$100K (ARV)$10K (REHAB COSTS - incl. materials & labor)$10K (CLOSING COSTS & OTHER)A realistic offer would be $40K-$50K (depending on your personal rule of thumb - i.e. 60%-70% LTV - incl. all costs - offer @ +/- $5K)Now if their asking price is roughly $70K, this is a reasonable offer.A low ball offer would be anything below $35K,Normally to retrieve an offer below 80% of an REO's asking price is usually not possible.

In a recourse state, is it a tough matter to find a lender who'll play ball with me if i put down a huge amount of money?

When I voice this concern, people say I'm just overthinking it, I need to have balls if I'm gonna be a landlord, etc.One suggestion I heard was just to increase the rent and see if they're willing to pay -- either I end up with a lot of cashflow or an open unit.

@Jenkins Ramon I haven't wrapped one yet, but I interviewed a car wrap business and put the pricing on our marketing site to give people some ball-park figures: http://marketing.webuyhouses.com/vehicle-wraps/ @Jackie Lange LOVE IT!!!!!!!

Matthew,Investors are offing fair offers no low ball offers and that is the reason they are buying.

Don't expect a response if you're sending out a lot of low ball offers to agents.

Was screwed over by1 manager and then by an investor, who I'd known for a long time and who I had asked for help and who tried to run out my tenants, so that he could make a low-ball offer on my properties.My properties are in a low-income neighborhood in Atlanta and most PM won't work in that area.

Unless you have a crystal ball, why not just assume that inflation in gross income will track inflation in expenses/capex, and long-term your ROI and cash-flow numbers will be about the same as the short term.