One factor that may influence comps is that this is gentrified area, with home prices that change almost by the block.

I'm not an attorney, but I've been around the block a few times.

But I'm still new to wholesaling and I don't have the confidence I would have after doing MANY deals like some of you....so I'm looking for feedback...Bedrooms: 3Baths: 2Garage: 1Sq.ft: 1332 Block ConstructionShort SaleBuilt 1952$1,253 TaxesVALUES:RealQuest $70kMarket Rent $850-$1,000COMPS (within 1/4 mile in past 3 mths):3/1.5/0, 1350 sf, $47k -All Cash3/2/0, 1282 sf, $45k -All Cash3/2/2, 1435 sf, $36k -All CashLocated on a decent street within a 1/4 mile of a main road that runs through the city, restaurants, businesses, and public transportation.

In many cities I think the rents vary from block to block so the estimate may not be right for you.

If you're not familiar with the area you can buy a shack in the ghetto and pay as if it was a nice house in the nicest Baltimore neighborhood - only because it's only 2 blocks away from this nice area.

I've been around the block with the guy who gave me the list.

I was only blocks away from the house when the storm occurred.

david, it depends on the city, local economy, vacany rate, and in some cases which parts of town...i have a 2 bedroom house rented for 375...bought it for 10k, so i'm fine with 375 for now...2 blocks over i own a 4 unit that each apartment is rented for 450...go figure...one block is not as desirable as the other

The exact same house paln in similar condition can vary by 20% or more just because of a school district or the name of the subdivision and could be 4 blocks away!

All and all, the property I manage had 16 skylights that were damaged (hail went right through them) and a tree that was hit by lightning that had to be removed early this morning since it was blocking a major exit.