That along with figuring in a couple different factors normally gives me a fairly good general estimate of ARV.To be more accurate, you should pull 3-5 individual comparable houses (roughly the same square footage, bed/baths, amenities, etc.) that have sold in the last 3 months (sometimes 6 months depending on your market) and figure an average sold price per square foot and then multiply that by your house's square footage.Curt, on a side note, do you find a formal appraisal to be an accurate estimate of what it will realistically sell for?

Perhaps the word "demand" was a wrong choice of words.

We are the individuals that never made them sweat and now they are certainly overlooking the loyal & worry free customers/investors.

Making those changes will transform a good deal into a better one.Scenario C:The tenants began to pay their own utilities in December 2008, because the seller installed individual meters (Rent Utility Bill Back System [RUBBS]), and the seller reduced their rents (by roughly $100 per unit).

However, if my brother-in-law wasn't around I would have no choice. 

I see more Astro games so I have no choice.

That's how I think about it, because the reality is you had the choice to sell 100% of the flipped house and use that money towards another investment instead of taking out 30% and renting it. 

The first is to provide housing in the area of our choice (awatukee foothills) for our childrens school district (my husband and I have 5 children 14,13,8,4,2).

Then you're going to quit your job where you would have been able to absorb those capital expenditures or they would have paid for themselves over time because the properties were cash flowing (and continue to cash flow) where if something happened in the newer properties in the cyclical markets and you had already quit your job, you would be stuck.Not much of a choice, but I say go midwest.Stephanie

I do not set up individual appointments anymore.