Therefore, my team, which includes architects, interior designers, and even Feng Shui consultants, strives to mindfully provide you with customized service to suit your specific needs, desires and financial means.

The house is in a desirable area and I feel really good about the asking price vs it's market value.

Calculate all mortgage related expenses and see off it cash flows to your desire.

I just showed a home (on the MLS) that has a ton of margin to rehab and resale in one of the most desirable areas of town.

There will be public storage nearby but private storage is easier and more desirable for someThanks,Matt

Can I expect the lower unit to rent for less and be less desirable to tenants, or to attract a lower tenant quality?  

In the case of the nit-picky tenant, we have found they are usually satisfied knowing they can have the "cosmetic" changes done that they desire, but once they know the actual cost of the request, and that they would be paying for it, rarely do they wish to proceed.   

also, unless there's been a significant change in the last 5 years, Bound Brook has had significantly higher taxes for the area (even before flooding) for a less than desirable school district,  I don't recall the tax rates changing related to the flooding.If you own anywhere along that river/Brook it's wise to have the property checked for flood zone and have tenants sign off that they know they're in a flood zone.  

Investors take into account holding cost, closing fees, and overage.Indeed: money is made in the buy; you get paid on the sale.I'd amend that formula to look more like this:(ARV * 70%) - repairs - holding costs - closing costs - your expected/desired profit = MPP.

You may end up  in a certain niche, but it needs to be market driven, not based on your desires of doing something.