While there are a lot of factors, there are a couple sites that give you at least an estimate to make some projections.

I have a decent budget for a down payment for several units and I was thinking of starting with something like the following...Unit type: Condo (only looking at turnkeys; not going to rehab - much)Asking price: $182,000 - would offer $160,000Fair rent price: $1,600/moProperty taxes: $2203/year; $184/moHOA: $223/monthMortgage (P&I): $635/moLandlord insurance (estimated): $20/moOptional considerations:Property management: $160/mo (10% of the rent; I am not going to use property management at first; I will manage it)Vacancy: $160/mo for as long as it is vacantRepairs: $80/mo as neededI obtained the optional numbers above from here:https://www.biggerpockets.com/renewsblog/2013/01/1...This comes down to...Worst case scenario of $138/month given vacancy, property management, and repairs.Best case scenario of $538/month without any of the optional considerations - so hopefully this is the profit I would be looking at almost every month.Thoughts?

A little bit about my search.BRRRR looking for maximum value addPre-approved for 185k hard money loan (although, from what I see I'll be able to get my feet wet for much less)Quality tenants are my biggest concern(looking in "B" neighborhoods, think nurses teacher working professionals etc)Will be OOS and using PMI'm happy to discuss my situation in more detail.

He was also relieved to turn everything over to someone else and get out from under that house that had been nothing but stress for him.After about 3 years, we sold that house also for a great profit.Steps to the Multiple Choice Offers Strategy:Step 1: Create a Detailed Seller’s Questions Sheet.Step 2: Put Out the Ad in as many places as you can: “I will buy your house today for full market value minus repairs.”Step 3: Interview Sellers when they call in.

We write in NY and I can give you a list of potential companies that will be writing in your area if your agent cant provide the estimate. 

basically when it comes down to estimated debt, is that something that I’m responsible for once I win the auction?

I put in maybe about 10 hours of work, no repair estimates, no negotiating with the seller, no landlord headaches b/c the tenant buyers are responsible for repairs under $700.

They are affordable, with a deep staff, two locations, great customer service and an attention to detail.

Below is the formula that I plan on using:MAO = ARV - Repairs - Fixed Costs - Profit - Wholesale FeeWhat I need is someone who is willing to show me exactly how to estimate ARV, repair costs, and fixed costs so that I can accurately determine the price for both the buyer and seller. 

The deal im looking at asking price is $50,000 Rehab estimate is about $60,000 and the ARV on the Property would be $155,000.