Maybe create some sensitivity tables to look at your IRR under different cap rates and purchase prices to see what kind of range you are looking at.  

If a 65% ARV wholesale deal is your only option you're going to miss TONS of deals and leave tens of THOUSANDS of dollars a year on the table.

If real estate is your primary means of income, this may serve the simple purpose of putting food on the table and getting you by for a few months.

Bottom line, if your not marketing your product or service online (no matter what you sell) your leaving big money on the table!

Right now my regular job is the biggest lever I have to move the investing mountain.

If you have nothing to bring to the table, you're left with no option but to beg and grovel for help, and the only people you'll attract are bottom feeding slugs who want to use your doe-eyed admiration to make them feel better about themselves.SO... the first question you have to ask yourself is, What do you have to bring to the table?

I am a real estate broker in Albuquerque, so like Ian, I can get land comps from our MLS - greater Albuquerque area (Jemez to Socorro, West mesas to East Mountains.)

I honestly couldn't pay attention after a while because it was all tears and whining and begging.I cut them off and said that there was no deal on the table where they stay in the condo.  

These folks need to bring money to the closing table.

Next is what charged by the lender.Points = Loan amount 104,000 x .03 = 3,120Monthly Interest payments would be = Loan amount x 12% divided by 12 monthsMonthly payments would = 1,040  (104,000 x .12) / 12Next is what the borrower must bringDown payment = 26,000 (the remaining amount for the purchase price.  49,000 from the lender + 26,000 from the borrower = 75,000 the entire purchase price.)The points mentioned above - 3,120Closing costs (lets estimate 3%) - 2,250Insurance - 900Lawyer fee's - 1000So in this scenario the buyer would bring about 33,270 to the table.