Ask yourself this, if you supplied utilities, water,e tc for the tenant and you didn't pay the bills for it.

I assume the comps help but is there anything else you would use to determine ARV, and other than looking at the cost of building supplies, is there any other way to get a good estimate of rehab costs?

We have found that Laramie can be a very challenging market, partly because of the high demand and low supply of housing.  

How can the Housing "Market" go down, when there is too much demand, chasing too much supply?

., buying the supplies and not always knowing what amount or the proper lengths for some things - lesson learned.

We're both non-smokers (a property that hasn't been smoked in would be outstanding) who seek a 3+ bedroom (possibly 2 bedroom if there were a separate office), 1.5+ bathroom house with a fenced yard, garage (2+ car preferred) in a very safe & secure neighborhood (I will travel some for work). 

@Domin Car,I have been able to negotiate with my local portfolio lenders to agree to supply loans on properties that are outside of the geographic region.I would encourage you to talk to some local portfolio lenders (i.e. bank loan officers) in your area and explain your venture and bring your professional portfolio to show them how you have successfully operated those in the past.With the line of credit that you should be able to pull from your other properties and depending on the leverage you're looking to position, you may have a good case for a lender to work with you if you ask enough people.Good luck!

Hey BP,I'm looking at a market that has a high demand and low supply of rent.I'm curious about looking at the cost of new construction vs. investing in existing multifamily housing.1.)  

(3) Days on Market/Month supply of inventory as indicators. 

GFCIs measure the balance between power supplies and power consumed.