He certainly does have an extensive play list of helpful topics.Thanks again and best of luck to you!

Maybe play dumb a little "I don't know if I'm in the right place..."

@Scott Goulet doesn’t your homeowners insurance come into play here?

The hot Texas sun is blocked and kids can play all year.

@Thomas Kelly I would offer 130k, sell it for 150k, the end buyer gonna spend 20k between rehab & closing cost, all in for 170k, which is roughly 70% ARV You can play with those numbers a little bit but I wouldn’t go much higher than that because you’re in Illinois and you can’t wholesale there, you gonna have a to double close which increase your cost.

Obviously it plays a part, but how much is it just a response to other larger market forces? 

@Dan Portka , I will keep you in mind :) Yes, I am looking for a local real estate club as well; I heard of a group playing the Cash Flow Game in Irvine.

Sure it's more time intensive, but if you're just starting off that is time well spent and is essentially free.

I understand the 1% and 2% rules for buying, but how does repairs to get a place livable come into play with renting? 

This can especially come into play with commission-based sales positions.