By that I mean, just because the property next door has CR=7.5% doesn't imply that yours  will or should be the same.A back of the napkin equation for ARV would be the sum of all monthly rentstimes 12 months; this get's you to the GSI(Gross Scheduled Income)times a GRM(gross rent multiplier) and reasonable number is 10and the ARV is ~= FMV just calculated.

It's a great strategy if rents increase and appraisals are positive, but if the market turns on you it can quickly multiply your losses.During the trough of the financial crisis, home prices fell so violently in certain locations that odds are the prices would revert to their historical mean which made it an absolute great time to be bullish on BRRRR.

For affordable properties that you can rent out consistently at reasonable rates, check out Lake Orion, Oxford, and Saginaw.

Studying to see who is real, who is a flake and worse, who is a lying fool that is only wanting to part you from your wallet.Once I realize that, I stayed with it to make a name and consistency to be "accepted".

Assuming we all match funds on the all cash purchase and related costs and the contractor will be doing the rehab/remodeling should he be allowed to add in a profit multiplier for his work?

I am looking to connect and build a team that consists of buyers, sellers, and investors.

@Jason Roberts,I agree with the numbers quoted by David Roque earlier are pretty consistent as what is applied here in Central Florida. 

One question one of my past employers asked me was this...Are you fair or consistent?  

Please note the consistent lack of reality in all reality shows.

Many aspects will probably fly, police powers must be consistent.