I am fairly new but what i have so far in my learning is that u can pretty much find comps anywhere but that doesn't mean there actuate, and as far as estimating in some book and programs they tell u to pick a number, for example what i have learned is that depending apon the shape of the house going from ugly to real ugly to junk 10,000, 20,000, to 25000 and also depending apon the size needing to be in the area of 1000 to 2000 square feet then to take these unreliable number in to this formula ARVx70%-repairs = MAO and back off slightly for profit now like i said i am new so ,but i do know this is complelely dumb for me use do gurus bring your answers and add your knowledge or subtract from this and tell us newbies how to correctly run the numbers and come up with offer that guarantees u money even if u have to flip the deal over to and end user of course that is if it sales lol...

Screening, vacancies (mostly, these won't turn into purchases), advertising, make-ready, utilities while its vacant, insurance, taxes, etc., will still fall to you.

Jeffrey, Operating expenses include taxes, insurance, management (even if you do it yourself), maintenance, advertising, office supplies, legal fees, evictions, damage done by tenants in excess of the security deposit, entity maintenance, utilities (if only during vacancies), vacancies, capital expenses (not technically an operating expense), etc, etc, etc.

It's is my number 2 pick as of right now.

As a suggestion, pick a color other than standard white.

There, now just pick one.

In addition, since this unit has owner payed utilities, the expenses could very well be above 50% of gross rents.When I analize these deals (quick analysis), i take the max. gross rent, subtract out the "current vacancy" arriving at the adkusted gross income.

Thanx Ryan,I have occasionally picked up leads by mentioning to potential clients/sellers/fsbos that I'm a member of Biggerpockets and intend to mention his or her property on the site.

I tried to pick up the business, but the little things held me up.

Why not just pick a name that's a little more unique?