Hey shoot me a PM  we did a lot of business in your market the last 4 years and I am looking for some JV partners there.. maybe something to talk about.  

Don't think that one particular out of state market will shoot you to success or abject failure.

We have a ton of new construction and 5 star appartement buildings are shooting up everywhere and so you need to be positioned correctly to compete.

I'll shoot you a message.  

Shoot me a message if you’d like me to send you some reference info. 

Id be more than happy to chat with you if you like, just shoot me a message on here sometime.Also for networking, there's a great REI meet up at 799 S Stevens in Spokane on the last Thursday of every month.

The "1.5 rule" mentioned in a post above turns out to be very similar to the "65% of ARV" or "70% of ARV" rules - that "1.5 rule" yields a "67% of ARV".But it does not seem to subtract out any needed repairs, which the MAO formulas usually take into account.As for sheriff sale purchases, property condition is a crap shoot - and you should usually expect the property to be crappy and make you want to shoot yourself if you don't account for condition properly :DIf you can evaluate condition (both interior and exterior) ahead of time, you can get a ballpark figure for repairs needed, and subtract that from the 65 to 70 percent rules.

Shoot me that email when your free.

If I can help you at all , just shoot me a email its in my sig.Good luck Aaron

Some Asians shoot for 50%, save half and live on half, but we just aren't geared to that life style, IMO, but those starting off....well, maybe they should be.