My guess is that assuming the quality of the list is maintained I will be mailing those initial houses and any new ones for a long time before the well is tapped.

And follow up in another few months if it’s still there.I’m Not to experience flipper yet, but I’d suggest you keep ur final sale price conservative, if you got a market with new homes being built similar size to urs, that would make it harder to sell/compete with(assuming ur house old).Hope that helps

Mathew,I think i understand where i am coming from.You are assuming u can get the house whose ARV is 200k for 100k .

So, if a house needs 50k in repairs, but gets an appraisal and its comes in at 200k, but then does the repairs, I assume the appraisal will then jump up around 250k, taking into account the new repairs.

For my personal goals and purpose of this example I'm looking for long term buy and hold using conventional financing with 20% down at 5% interest assuming closing costs at 5% the house and looking for a minimum of 10% COC return.

From the responses I am assuming you are looking for an agent to help you buy a property?

I always assumed it was easy. 

Im assuming they do the same with home.

I should have gone more in depth and not assume everyone just knows what I'm talking about.

So if you see them in syndications I would assume they are relatively new apartments and it would be a loan assumption.In your case if the loan is large enough (~$1M) and the property qualifies then you should be able to get 7/10/12 year terms with 30-year amortization in the low 5% range.