Asking in the correct forum will get a better response.Need a spreadsheet or form?

At what price is it over valued or correctly valued?

My experience has been that this is absolutely correct.  

I was simply answering the question based on if you do use carpet what is a good color?

I hope I understood your scenario correctly.

I rushed over and when I got there I found about 20 couples, all obvious newbies....the comments I overheard were - "I don't like the color of the walls in the entry"...."

You are correct about that, but that's usually a computation and decision that an investor makes after a couple single-family homes or small multis.

You're gonna need to provide more color here.

I believe that the ARV I originally thought was correct of 160-165k which after a cash out refi will get me my money back and then be about break even.

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