It is a great group with some seasoned investors in it. 

I would like to trade this deal to a seasoned investor in exchange for proper mentoring specifically in the area of lease options.

Hi All! I joined BiggerPockets awhile ago but am just not starting to actively use it. There's so much good content, I am going to do my best to keep up with it!I graduated college, entered the corporate-world, and re...

My thought was $120K purchase + $16K Repairs with an ARV of $160K would allow me to pull some cash out after seasoning to use in the next deal. 

Of course everyone has their own formula for what they're looking for but I've heard anywhere from 32-50%.Example if monthly rent is $5000 monthly expenses are $1,600 (for 32%) - only taking PITI into accountIt seems like seasoned investors have found a comfort zone assuming between 35-38% of NOI.What do you think?

To some of you more seasoned investors out there, what makes it a deal for you?

Chances are you will be able to stomach the smaller profit margin since you don't have to worry about monthly debt servicing.You can offer her 70% and and split the rest of the profit with her depending on what you agree to together.I make the assumption that you are looking to flip the property but if you are looking to do seller finance for the purposed of holding the property; you can do an amortized note for 2 years (10, 15,  or 30 fixed depending on your cashflow) which would give you enough time for seasoning so you can refinance it later.  

Get deals done right and network with seasoned investors only on Bigger Pockets.

That saves a lot of commute time especially during beach season.  

I'm looking for advice from those of you who are seasoned and well versed in the real estate investment world.My background quickly: I've been employing the buy/hold/rent real estate strategy for the last 8 years or so.