That is complete bogus.The best answer simply is, "pretend you are end buyer", and then mind all the costs an end buyer has, then then add your fee to that cost.The challenge here is you need to evaluate if the property is a good flip, or if it is better for buy and hold.If it is a flip, yes figure out holding cost, cost of money insurance lending cost closing cost holding cost, "Ohh crap this didn't just happen" costs, utilities, repairs, cleaning marketing costs.If it is a buy and hold, a ton of these costs will not be present and some will be lower, so your wholesale price differs depending on the property being a flip property or a B&H property.The 70% rule is crap because the 70% rule doesnt account for the house being in a war zone, busy street, near an awesome school, and no the ARV doesn't take care of this.

Michael, what is a load of crap? 

The application is not the same in every state and some of the guru crap is completely ignoring the variety of state licensing that is out there.

That means you only have $150,000 into the land, which effectively doubles your cap rate on the lots and you have eradicated the pain and suffering of rental mobile homes.All park owners use this plan to some degree, but it's all based on the number of POHs in the property at closing.

I have used MLS automated searches for this, and you'll get all kinds of crap mixed in with the goodies that way.

If your rentals are crap, you are.For that matter, you could be working in much nicer neighborhoods and still be a slumlord.  

It’s not her fault people took to YouTube and said a bunch of crap Luke, you and Avery did a lot of good things for the community, and that is a good book.

Another reason to not provide dishwashers in rentals The more crap you give them the more calls and repairs you will have

The thing about Section 8 is that the housing authorities don't take crap from tenants, and being kicked off the program is a really big deal.

Bunch of Crap!!