My wife likes a house we saw for 75k and i"m trying to convince her we need to exercise restraint and just gather information.

If not beware you're likely to get the mortgage called.Do you know the right sequence to follow in closing the transaction so you don't open yourself to a future claim of possible insurance fraud or lawsuits because you have two policies and each point the finger at the other to pay a claim and in the meantime the bank finds out about the sub2 because of the claim and then they exercise their due on sale clause on you.Sub 2's are a great tool to buy properties IF you know what to do and how to do to minimize risk. 

Now these goals and plans may change over time as you get more experience, but doing this exercise will begin to give you a road map for your success.

So this exercise may be futile.First approach would be to multiply the rentable square footage by the market rent for it's existing use.

Now run the same exercise for the principal paydown and factor in some cash flow / tax benefits on the side.You cannot get returns anywhere near this in the stock market or any other alternative with such certainty and low volatility.

The main thrust of my question was whether or not I should pay in all cash (this would be my own cash) and then refinance off an enhanced ARV or finance from the beginning.

They do not provide meaningful oversight or guidance with respect to tax code compliance.A checkbook IRA LLC is an enhancement on the above structure that is generally more time and cost efficient for investors with a more diverse portfolio.

(In reality, the appraiser will also generate a replacement cost value, but it's so rarely factored into the final decision that we don't go through the exercise.)For example, if we're pricing out a duplex, we select 3 to 6 recent sales of other, similar sized duplexes in the area. 

While this could technically violate the due on sale clause, the chances of the lender exercising that are virtually nil.

The floors in the Kitchen, LV and hallways were recently upgraded to CoreTec Plus Vinyl Plank to enhance durability and give it a more updated look: