Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

I would like to include information about an actual contractor in the market that has estimated cost based on the scope of what I would like to do.  

I wouldn't mind starting off with a cash flowing property to get my feet wet, then sell it afterwards, so I can start accumulating some cash for flipping.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Free and clear.Property titled in name of Mary Smith only, a married woman.Mary dies, husband receives a life estate, mother's natural children from previous husband inherit the "Remainder".Husband, who has a life estate, accumulates $150k in IRS liens.Do the IRS liens attach to the property in any way?

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Hey @Marissa Mallamo - Good question :) So, the ARV is not really used in the calculation, but can be useful for estimating the future appreciation potential.

And, no one can truly comment on the deal without a rehab $ estimate.