Within the asset class the quality of the property varies with price and location.What price range were you looking in?

I doubt it will quality for a Fannie/Freddie backed conventional. 

The deciding factor on ARV is most likely going to be the quality of the rehab and what that 35k is getting done for you. 

There are also lots of aesthetic advantages of in-floor heat, and you may be able to charge a premium rent for in-floor heat.   

My goal is to be honest and trustworthy, provide the customer with quality customer service, while helping them get into the vehicle that fits their lifestyle and needs.  

On my wish list are the following high quality team members.  

Day one cash flow is not the same as cash flow 10 years from now ... you need to make sure it is increasing on an inflation adjusted basis and that goes to the quality and long term supply & demand fundamentals of the neighborhood (hint: quality neighborhoods don't cash flow as well day 1, but do better +10 years).

Here are the average response rates we have seen based on our customer feedback as well as our own mailings throughout the years: Yellow Letters- average response rate of 8%-9%, all kinds of calls (angry calls, curious calls, tire-kickers, quality calls)Postcards- average response rate of .5%, mostly quality calls.Zip Letters- average response rate of 2%, mostly quality calls.

Vacancies, reconditioning, maintenance, inspections, legal costs, etc.They don't understand the importance of doing things correctly and providing a quality property.

And it's a great sign that it's a quality resource.