Of course, as Many have already stated here, the '70% Rule' is just a Quick Guide to determine if this house is a deal or not. 

Everywhere it's start and stop, picking here, picking there, just the service was completed.I question their labor logs.

You've found the best place there is to pick the brains of some of the most savvy real estate investors on the planet!

Hoping to pick the much bigger brains here for ideas.FYI - this would be a long term hold, not worried about appreciation issues as it would be a cash flow rental.

If this starts picking up, it’s worth adding your listing to one or two other major marketers: VRBO and HomeAway.

As it sounds like you're very new, try picking a couple of zip codes you live near and analyze those.

We use a few techniques to determine whether smoking is occurring inside the unit.1.

MS don't fool around.. they picked him up on Friday night ( you know on purpose) so he had to sit in the cooler until Monday when the judge got in to set bail.But every state is different on how they handle this stuff.in the list I gave you I have funded wholesalers and flippers in all those cities Save NY ... every other one I have funded in... along with half a dozen more cities not mentioned that are too tough to wholesale in in the first place like CA..wholesaling is a very very tough gig.. and not a starter strategy.. the guys I know that are successful have big business's with huge budgets to make this work.. its not a hey I have no money I am going to wholesale and get money to buy and hold.. can that work . sure a blind squirrel finds an acorn.. but to really make any money at it .. its a full blown business.. with all the things you need in a mature business enterprise.. staff  capital... experience and UBER sales skills.

"Pick Your Neighbor, Earn $200"I have worked a vacancy rate into my numbers, however this unit has a $368.00 HOA... 

Regarding software systems, I have picked up what makes my life easier and pay for that as well.I also found that a W-2 position/salary is more readily accepted by lenders AND satisfies my risk tolerance against starving while learning/starting (part of many commission-based sales jobs) AND is still a major source of my income.