I'll definitely make it to one of the Eastside meetings as it is much closer to where I live/work.

In a lower income area I might want closer to 10% at least, but my definition of lower income might be different from yours.

Rexburg is really saturated with student rentals, so much so a lot of the units closer to the campus are vacant.  

Example would be sending you and address of a house that has tall grass and appears to be vacant. 

If I were going to do wholesale I would probably shoot for closer to 65% ARV I would imagine 70% wouldn't leave enough meat on the bone for the end buyer.

So - most agents are seeing checks closer to the $10-$20k range - not bad but not $100k for every deal.  

@Jamie Wooley - This is a good question that has been posed quite often with various pros and cons and I am sure there will be more as we get closer to tax time.However, I found the below blog which sums it up nicely.https://www.biggerpockets.com/blogs/5070/blog_post...Actually a few days ago @Nancy Neville outlined a list of attributes in the use of Quickbooks for Landlords that you can review at the link below.https://www.biggerpockets.com/forums/517/topics/24...

If you had a signed contract that you were assigning, I'd be willing to give you a much larger fee -- and likely a cut of the profits if that's what you preferred.Basically, the closer you get the deal to finalized, the more you should ask for. 

I'm guessing she could of bought something closer in the Bay Area during the crash with her income.

I've only been searching for around a month but it still doesn't look great unless you're ready to pay closer to $500k.