In the event you had a greater gap between each years cash flow say like (10+150+30) then Geometric Mean of 35.57 is a better indication of the end result opposed to the Arithmetic Mean which is 63.33.

It is not an estimate.Thats the best indication you could ask for!

Anyway, the patches in the driveway are a good indicator.

With every property we analyze we generate a 40 page report that displays any and everything about the subject property, comps, indicators, carrying costs, and more.

Market research of this group also indicates that they have an inclination towards renting anyway due to seeing what the housing crash has done to many of their own families or friend's families.

While others don't seem to want to say it (since technically the contract *could* indicate otherwise and people here don't want to give legal advice), it's probably pretty safe to say that yes, if you remove all contingencies and then don't close the deal -- for whatever reason -- you *will* lose your earnest money.Again, this could be some edge case where that's not true, but most likely that's the case...

You want to omit the REO'S and short sales due to the fact that they don’t accurately indicate true market value 95% of the time.

You indicated that you would renovate the side you live in first and then switch sides.

I talked about a few key things for doing good due diligence at the summit this past weekend.Economic indicators such as GDP, industry stability and population stats are three keys things that come to mind.

Thanks Raymond and Ned's promptly response.Remtometor finds 1000 properties within 7.4 miles and indicates my rental may be too high (in RED).