If they don't want to use the comparative sales method, then can you use your NOI?

We know we are in a desirable school district and we believe we can price our house compared to other properties on Zillow and pulling the sale records from the county in our area.

It is a thought market and we definitely know now why everyone thought it was so cheap compared to the west coast.

Compare them wisely and then make a decision.

My long term goal is positive cash flow as I intend to own the home for 30+ years and appreciation discounted over that period of time makes very little difference to the return I make; it's more about the rental income compared to the total cost of the house for me.  

However, we could list our home tomorrow for $140K.Clearly I understand that I'm comparing apples to oranges bc a mobile home is not officially real estate and our house is.My point is, I think (and I could be wrong) that I could rehab this property and sell it for $27K.Thank you all for the input, this really helps as BP is my one and only location for industry professionals to weigh in on this situation.I know my first deal won't be... well, ideal.  

'here' which is 100 miles plus distance to compare the three. 

I'm getting a comparable amount of response from each.  2 years ago and earlier it was all Craigslist to good advantage.

Hi jesus, Find out who the best (the one that lists and sells the most similar properties near yours) local realtor is and tell them you are thinking about selling and they will provide you with a free market analysis or CMA (comparative market analysis) that will include recent comparable sales and an estimated time to sell or DOM (days on market).Tell them you want an as is valuation and an after repaired valuation and what repairs would add the most selling value.Then get estimates on those repairs, and see which way you come out best.Good luck.

My goal is to be able to quit my job in 2 months and live strictly off of real estate profits. 6 months from now, I would like to have our own storefront business and be a big enough investor that we're comparable to other real estate companies in our area.