With the lower tenants smoking downstairs, and the smell of their smoke wafting into the upstairs, we are concerned that smoke smell will turn some potential renters away.I know we need to honor the lease that the tenants were under before we bought the property. 

It offers a unique mix of growth potential and a conducive environment for investments to flourish.

It's not rocket science. correct, exactly like i said, the zEstimate comps from comparable house in the same complex could be wider as 1 std deviation. but potential seller is also not accurate if they said their neighbour can sell for 1 mil and they expect the same while the house is only being able to be sold for $900k , for example.I do notice, the market where DOM is strongest, the zEstimate would be more accurate.If your DOM is above 50 then forget about to use it at all.

If the total is less than 75% of the ARV, then I know there’s a potential profit of 12 to 15% of the ARV.

Possible but in practice it would be tough to pull off.

Josephine your situation sounds scary and frustrating at best and potential fraud activity at worst. 

You want to invest just to have a place to live and potentially offsetting your mortgage payment by renting out the vacated rooms or having x amount of cashflow in the future?

I may be interested potentially interested Christian.  

You are missing out on an opportunity to train your inherited tenants to pay on time (and potentially extra revenue) by not using an online rental payment option where you can automate your late fee collections.

We have an awesome mentor, and now we are ready to put what we learned into practice.