I always just look at the actual competition on the actual sites that we all use....primarily AirBnB and VRBO.

I did something similar and my preference was to actually view properties so that I could get a feel for the community and area, which isn't really something you can gauge just from photos alone.

In the future I would love to network with those interested and show my books to see what they think.As of this post AZ Padsplit states they have:294 active units77 upcoming unitsDemand    12,104 searches in the past 30 daysHappy investing - JarrodNote: I live in Oregon, house with actual real green grass, but invest in Arizona. :)

This post is actually from 3 years ago, hopefully things might have not changed drastically in Sedalia by now.

Also the pay is usually pretty competitive especially considering how little work you actually have to do.

In my head I see that the property value must come down to it's actual value (minus all liens/rehab) before discounting it for the cash buyer and then taking your assignment cut.

I did realize after I made this post that the Applicant's monthly car payment of over $700 is actually included in the total monthly debt obligation which is above $1300 so I over calculated the car payment into the expenses. 

You should look at any limitations on gift taxes though, and she may actually want to structure it around any of this.

PITI + PM Fee = $1,458.82 PER month You actually only cash flow $141.18 per month and that's IF your escrow is only 3k annually. 

Are you looking at actual rents or proforma?