Let's look at the numbers a little more closely.....using specific profit/wholesale fee targets for you and your buying investor.ARV = Somewhere less than 665,000 i would guess.

. ;)To answer the question about 2 homes for 200K or 3 homes:Focus on your target ROI and your investment objectives.

Also, my assumption is that I'm going to finance that entire 105k so I want to see a gross profit on that house of roughly $350 to $400 a month.Thats what I target as a good deal for me.

You might try targeting that type of buyer this weekend and see what you get.

A great way to find wholesalers is to call the "We Buy Houses Signs" in your target market and ask them what do they have.

They also have #'s, %'s and ratios for most every other field of business too such as restaurant biz that I was in before, you ought to know your target %'s for labor and food cost or you'll look clueless to them too!

If you're looking to market exclusively to active military, take a look at BAH (Basic Allowance for Housing) rates in the zip code(s) you invest in and then target your properties for E5s and above.

The model I've set up uses a target ROI of 20% with an NPV of at least 12%.

The real cash buyers I've talked to have a target ROI and a minimum profit they are looking to achieve. 

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Seeya around!