It's kind of an interesting idea for a tool/feature for BP.  

An interesting epidemic.I think the volumes of applications, credit reports, borrowers, good loans, denials, issues and resolutions not to mention collateral (resi & comm) complemented with title issues filled the tool shed to what it is today.

There are a few negotiating tools you can use if you know the system.

I sincerely appreciate the time that it took to reply and inform me about all of those tools at our disposal.

The LA Times has a great online tool (you can check it out here)Develop an idea of what rents go for.

Having some flips to show as an example would be a huge marketing tool.  

I see it as tool to add to the utility belt. 

I threw you numbers into my modelling tool with the following changes:I used the ask price: 180Kmaintenance - 10%vacancy allowance - 10%Insurance - 1K/yr {rather be too high than too low}lawncare/snow removal - $75/mth,  $900/yrHydro (House) - $100/mth, $1200/yrWater/sewer - $85/mth, 1020/yrGarbage - $85/mth, 1020/yrMortgage: an LTV of 75 and 6.0% interest rate with a 30yr amortization.an opportunity cost of capital at 8% a 15 year hold period.Did not count laundry revenueThis brings your OE to ~1025/mth,  ~12,300/yr  ... an operating ratio of ~43% ... which strikes me as low, but wonderful if true.Just to be pessimistic, I added in another 2000/year of misc expenses to bring your operating ration to 50%With all of the above in the mix, I get a debt coverage of ~1.4 and a CoC of 10.5%  Which is passible.If you could purchase for 165 to 175K and the real expenses are closer to $12-13K/year, then this is will be a good investment with the following caveats:- I did not budget for upfront capital improvements that you would need to do at purchase;- Since I know neither the market nor the property, I modelled with no property value appreciation and no rent improvement.

I plan on implementing a similar strategy myself in a few years.Glad to hear you're finding success with it, and hopefully BP will be a great tool for you in the future.Cheers!

I am looking forward to using this site as a valuable tool in my wholesaling business.Barbara