See if the seller will give you a discount on the sale price based on those things that may break and cause your monthly cost to go up.

I recommend joining a Facebook group for Montgomery investors or REIA that do more than post about homes for sale. 

My understanding is comparison sales approach or income approach.Comp Sales approach is getting comps from area and then carving carving 40% +/- off that price. 

His only income on the sale of this property would be the difference between the selling price and what the FMV was as of his mother's passing - is there really that much appreciation here?

Purchase price: $115,000 Cash invested: $200,000 Sale price: $420,000 1100 sqft ranch stick frame new build What made you interested in investing in this type of deal?

They live out of state and do not want to be hands on with rehab and sale.

It is a compiling of total cash absentee purchasesnumber of unitsnumber of pre-foreclosuresnumber of REOsmedian days on market median sales pricenumber of units with equity median or belownumber in the bottom 1/3rdmiddle 1/3rd and top 1/3rdIt will help

I am not suggesting you use his products or services as I think he has them overpriced.

@Isaiah CuellarYour financial objectives, risk tolerance, and the details of your mortgage will all play a role in the decision of whether to put the extra money in a higher-yielding product like a Certificate of Deposit (CD) or to make additional monthly mortgage payments.

What I mean by that is that if you are going to live in it some time, you can't expect the sale price to be low enough to cash flow.