For example: I look for a minimum of a 20% discount from the arv ARV=$100,000 asking price=$80,000 based on this spread I make my offer with a 10% repair cost from the arv repair costs=%10,000 so if I'm wholesaling the property my offer would be $50,000 or 50% of the arv.

I would either use a HML spread over multiple deals to rehab or I would find a property with good bones (foundation, and most studs/joists are solid) then buy it for super cheap and force appreciation through the rehab, which is what I do. 

I have been doing my research as to what state to buy in, but have not narrowed it down yet. 

In terms of your price range there are homes spread out throughout Tucson that can check that box.I am a Realtor in the area and happy to be a resource to you.

Of course, with any office that has 100's of agents, you'll also be surrounded by many who just hanging out at the office and that isn't the best environment.This experience helped me narrow my focus to only income-producing activities and led me to join a team.Cloud experience: From KW I went to exp where there is little to no culture but an online group of 10,000's of agents and a half dozen brokers to answer my questions.

I find this discourse about cashflow OR appreciation an incredibly narrow way to look at the market.

This house was very nice and clean (build later 1980) My tenant recently claimed there is mold on 1fl (it is like basement as there is no window, it is next to garage) When i see, the mold is not only one area but it seems widely spread on the ground floor (laundry room, wall, celiling etc) Since it is OOO investment, it is not easy to deal with mold issue.

Higher prices leads to larger spreads.

These provide stability and regular income, which can be crucial in retirement.Cash: 5-10%Keep some liquid assets for emergencies and short-term needs.Consider these additional points:Diversification: Spread your investments across different sectors and geographic regions to reduce risk.Tax efficiency: Consider the tax implications of your investment strategy, especially with your high net worth.Regular rebalancing: Adjust your portfolio periodically to maintain your desired asset allocation.Professional advice: Given your high net worth, it's advisable to consult with a financial advisor who can provide personalized recommendations based on your specific situation and goals.Risk management: Consider your risk tolerance and adjust the allocation accordingly.

I have the funding narrowed down and location to start.