Lot: 15000 sq ft  2 unit building , 2 story , total 1500 sq ft , Just one room on second story , Detached heated garage 1100 sq ft with an office Numbers: assessed value: 285 kUnder contract : 180KExterior: Average plusInterior : leave the walls , but change everythingSome basic Ideas I had :1.

On average the S&P 500 / stock market grows at a multiple of real estate (as much as folks on these forums think otherwise).

Inventory stays forever on the market in smaller markets and if you're going the HML route, the interest costs will eat into your profits in no time.Don't view a market as expensive or cheap purely based on the average price of a property.

At the beginning, we were only plan to do quick rehab on a 2/1 but the finish product is a 3/2.

If you look at Las Vegas case shiller data from 1987 to 2018, on average, today Las Vegas house price has less than 3.6% raise each year since 1987.

Still hard to find.I would warn you though, so many overpriced "deals" around here are sellers waiting on "california money"  (Out of market players who will accept ridiculously low returns, or no returns, or buy crap neighborhoods with no hope of appreciation).This 10 year run in us real estate is a by product of artificially low interest rates, so we are not sure if it is real!

So if a dwelling cost on average 20k to bring to average condition the market will discount that property much higher then 20k allowing the frugal and knowledge rehabber immediate equity.

With regards to analyzing the deal in the BP calculators, would it be better to separate each property and combine the results with averaging the returns?

Big Money isn't always right, but it does influence economic activity and markets.When I investigate a dividend-paying stock (including a REIT), I compare its current yield to its average long-term yield to get an idea of its price relative to its dividend.

Could someone inform me the formula to figure out the average for a rehab for a flooded home?