I recently started looking at LoopNet which seems like a great resource for Low to medium MFH and apartment buildings, have you used it before?

I’m on an H1B visa, so I can’t do any active work myself, which means I'll need to delegate (I understand this will affect margins, but I’m okay with that). 

This is all over brother.

So you'll have to find agents who knows how this works.

The numbers are normalized to the ARV and the math doesn’t care.Lastly, if you are not borrowing your costs, or can somehow avoid sales commissions, then of course you can pay more, and you can’t use this rule of thumb.

This knowledge will help you answer any questions the seller may have

Is this true? 

Also there are recent new builds in the area it seems Hi, LIam - what source are you using to pull this information?

Even google doesn’t have a street view of the house, so I need to be conservative here.Do I have any leverage in this situation?

This way, I can do what I want with it, decorate it the way I want, use it when I want and sell it when I want.