Mostly cosmetic.My ARV was rather a rough estimate based on comparables of similar homes in the area.My plan was to wholesale it based on the discount I'm getting and the fact that I have no cash to finance a property.

Mr Barnard, it would seem that your area of interest (REO's and Short Sales) is also the area I would like to pursue as I feel in this market it has one of the greatest possabilities of reward.

Investors is the Solo Roth 401K.Matt, while I agree that a SDI is not for everyone and also agree that a solo 401k plan has it's rewards, it is not necessarily the "Ultimate Plan".

Compare that will 50X the rent, and offer something well under the lower of those two.

It will be interesting to see how Canada responds to this compared to the US, given that they US has put itself in an "awkward" position with having to continue trade with China.

They usually have lower cost real estate and the "bad" neighborhoods are usually a cake walk compared to the major city.Bad neighborhood is relative to a specific area though and a lot of stereotyping.

I collect $600 in rent.My current residence just appraised at $81,000 and current Mortgage including T& I is $575 and based on comparable rents in my neighborhood I believe I could rent it between $750-800.I have been saving for large down payment (approx 50% down) on a newer house within 1 year's time.

****************************************************Link below list features you should review when you compare other programs you are thinking of buying to build websites with or any free ones available...free some times can be costly if you do not what to look out for.

The most effective way to determine the ARV of a property is through comparable sales (comps).

(Market Value $72,000)The most (comparable)recent sales in the neighborhood were $36,000 and $71,500..