I might have a couple contact for you, I'm connected with other wholesalers in different markets and just picked up a package of 5 SFRs myself to wholesale.

@Chris Seveney  @Mindy Jensen    Mindy can you run this up the flag pole at world headquarters.can you guys develop an easy PV  for note investors .. a simple to use calc. to help these folks who are trying to determine what to pay for a certain yield in the note space.. ??? 

Lets look at some exit strategies to determine how much capital you needIf you are wholesaling:  Costs: Marketing (rather small)If you are a buy and hold: Costs: Downpayment (can be hefty)If you are a flipper:  Costs:  High (downpayment and repairs)There are ways around it. 

All properties are in good living conditions.Here are the Properties rent and size1. 2bd/1ba  rent $300 per month 1050sqft2. 1bd/1ba rent $325 per month 645sqft3. 2bd/1ba rent $350 per month 1050 sqft4 3bd/1ba property manager lives rent free could rent for $600 per month 1200 sqftThe sellers chose to do low rent because of the neighborhood but each property can easily pull in a extra $100-$150 per month.My question to BiggerPockets is how should I determine my purchase price?

Here is the tricky part, depending on how great the deal is, and what they say will determine your next steps.

And they agree if they start later, they are willing to pay a bit more to make up for loss rent.For example:rent is $2000 if starting Aug 1rent is $2100 if starting Aug 8rent is $2200 if starting Aug 15We need the contract signed before they can make this decision, can we pick a date to sign first then include a clause where they have until X date to change the start date & rent?

Having said that, its not quite as simple as the 1% rule,  Rules like this are good weed out for those of us that look through large numbers of deals at a time and need a fast way to determine what to spend time on and what not to.  

I picked up the book on rental property investing by brandon turner 2 weeks ago as my first real estate book ever and that turned me onto the podcast and now i’m here.

I picked on the kids who messed with the smaller kids.

You should be able to pick up several properties before a traditional lender starts to flinch at your application.Todd