Perhaps someone with more intimate knowledge of the area can validate or dispel the type of neighborhood this is but it’s normally not good if that’s one of the first things to populate on the internet.

The last thing you want to do is buy this property and end up with a lopsided deal if the ARV is significantly lower than what the wholesaler claims.

Hey James,That’s a solid question, and I’ve seen this scenario come up quite a bit.

We identified 2 properties and one of them was already sold to someone else so we are left with this one but want to make sure that the numbers make sense and we are not missing anything.

This is my first time doing this, so I want to understand the most efficient way to do so.

This sounds like a mid term rental opportunity.

.- What's the best way to think of this deal as it would be no cash out of pocket but also essentially break even?

It is very important to establish your buy box (with specific states) before jumping into this game. 

This is a great place to learn and to connect with people so take advantage of all the great resources.

It’s normally the investors sitting behind a computer who fail to recognize this.