Give them specifics like zip codes, size, target ARV range, etc.

Point Breeze prices are starting to rise and Brewerytown is seeing a similar trend, however, Gray's ferry houses are still cheap with ARV's in the 230-260k range.

Here in Louisville we have a pretty unique situation.

What was unique was the fact that I live in Shanghai China, and the property that I bought is in Atlanta, GA. 

I suggest doing it up front if possible.And don't use the 50% rule for expenses... totally varies from market to market, price range to price range, etc.

If you analyze a few deals for properties in the $200k-$250k range, that show the numbers investors want to see, you will have no problem finding a private lender to partner with.

The properties I am purchasing are in the 50k range.

@Yuvaraj Vimawala what price range / unit count are you shopping for?  

I imagine finding the range for what the going rent would be is, in theory, easier - but would that information be enough for a lender in terms of qualifying that income against the debt for qualification purposes? 

The software analyzes 3 sets of data:1 - Sold Comps2 - 4Sale Properties3 - Rental CompsI designate an area (can be as small as 1 square mile...a micro-market).I establish the range of sq ftg I will be using (i.e...1000 - 2500 sq ft), then the software groups the comps (all three sets of data use the same sq ft ranges) in sq ft ranges.