Once you get into higher end / higher priced properties, these numbers will have to change as it is not a one size fits all equation.As an example, I sold a property a few months ago for $1.56M and the gross profit at the end was about $225k which ended up being a triple of a deal (baseball reference).

@Ronald Laurion - Thanks for the reference.

Looking at that roof , the leak could be on your neighbors property just as easy as yours . 

Not sure if this makes sense -- But it sounds easy in my brain.

I’ve been investing in Indy for a while and can provide some references from that standpoint. 

Removing a bird is fairly easy: darken the entire room except for one open window.

@Mark Shelstad I have an excellent roofing/siding contractor I can refer your way. 

You can then figure out if that will work with what you can afford in the area and cross reference that to make sure your deals would still be attractive given the BAH rate for the area. 

The lender referred to in the past, no longer extends to this limit. 

I receive no payment of any kind for referring clients to him.