I really do look up to him as an investor, I like his technique, style and attitude toward buying and selling. 

Maybe I'll try sending your scanned yellow letter style to another focus area to compare results with a font.

The wife and I currently live in the ranch style unit in this one.  

In the comments there was several folks that indicated that it was a shared student style housing with shared living areas and private rooms.

By the time the 45 day challenge started, I had 3/4 list forms set up already which work perfectly and can easily be imported/exported to spreadsheets if that's ever needed, but not necessary as I can easily set up custom spreadsheet style forms for sorting with a visual overview.

I like to see how it was structure.Calculating Maximum Allowable Offer (MAO)The formula we use for determining the most that you can pay for a wholesale-able or retail house is:ARV – Rehab – B/S/H – Your Profit – Investor Buyer Profit=Maximum Allowable Offer (MAO)After Repaired ValueMinus Rehab Costs Minus Buy/Sell/Hold Costs Minus Profit EqualsMaximum Allowable Offer**Note: if this is a house you are going to renovate and retail yourself (as opposed to wholesaling it “as-is” to another investor), then you'd simply leave out the "Investor Buyer Profit" in the above formula, since the only Investor involved is you.ARV is determined using comparable sales or what is commonly referred to as “comps.”Be sure to “drive” your comps to make sure they truly are comparable to the house you’re considering.You want to make sure that the other houses are roughly similar in size, age, and style to the one that you are considering.You should use sales data that is no older than one year (the more recent, the better), nor more than one mile from the subject property.

I'm not willing to pay points since the money will be for 2 rentals that generate a return over the long hail vs flips that produce the cheddar quickly.I'm going to try to raise it on my own ; hustler style as I'm only willing to pay interest but will back it with equity what these and other properties.I've got 24 hours to raise over 200k w/o points; no big deal eh ?

We have done very well investing in this life style!

Also, if you are using gas and these are going to be installed indoors, you will need to change the vents to a special and more costly style of vent.At least that is what I found when I looked into this about a year ago.

I presented him with some options on FB (i havent seen him in person yet) and he is interested in leasing the property with an option to buy..........hes looking for a ranch style, split level, raised; near his business so his commute is easier. and he wants it to be a "fixer up" I have an amazing listing agent who could help me......any advice on how I could make this a win-win??