I calculate: MPP= ARV-FC-profit-rehab-safety netie 66k=120k-12k-20k-20k-2k66k=MPP120k=resale value12k= fixed cost when using no mortgage20k= my desired profit20k= a very very rough estimate of rehab on a "level 2" heavy cosmetic rehab2k= just because I am going to make mistakesRemember, this is not about a particular deal it is about what $range$ of deals I should be intersted in if i want to be ALL IN for no more than 100k All in all my conclusion boiled down to purchasing for around 55% of ARV and my MPP being 66k and under. any thoughts and notes are much appreciated!

-Taxes-Insurance-Property Management-Routine Maintenance-VacancyJust to name a few.

They should make suggestions for minor cosmetic work that will make the house more appealing.

I'm hoping you guys can help me analyze the deal.3 bed/2bath 1600 sq ftAsking: $90kLoan Balance: $90kARV: $95kCurrently Monthly Payments: ~$600 (said he had to look for exact amount)Repairs: Minor/Cosmetic if anyIs this a good sub 2 deal?

Unlisted Jackson, MI 49203+8000 Sq Ft lot                 3 bedroomSingle Family Home             Basement$35,000 Needs only cosmetic workMessage me if interested.

3 Unit1 – 1 Bedroom2 – 2 BedroomsSingle Bath in eachExterior Great ConditionInterior needs minor painting/Cosmetic Previous Owner Paid 40k in 2008Tax assessment – 40kIt is a distressed neighborhood but decent property for that neighborhood.

If you are considering buy and hold, I would suggest starting with a light cosmetic rehab instead of a huge project.  

It's getting to be a routine: every year or two I purchase another rental and re-read rich dad poor dad :-).I'm lucky because I grew up learning good from bad in REI from my dad who is very successful at it.I wish you the best of luck and offer to share my opinion on any deals or ideas you have.  

I am wondering if there are any commercial brokers out there who routinely use a company/inspector to provide ADA compliance reports for their buyers/sellers...more specifically, in Arizona. 

I can buy houses in town that need just alittle bit of cosmetic work for 20,000 all day long.