The person on the title is a non resident alien and she recently arrived to the US to find out the property is in pre foreclosure due to the other person not paying the loan.

However, when I arrived at the closing it was just me, my realtor, and the title agent.

For this example we’ll use the appraised value as the ARV and assume that your repair figure is accurate (though you don’t indicate how you arrived at that amount).($148,000 - $18,000) x 70% = Maximum Price$130,000 x 70% = Max PriceMaximum Price = $91,000That 70% number is not a given.

For 2011, it was 80%, but for the past 6 months it has been around 60-65%, and that is where I expect it to remain until I get all 6 rented, in which case, judging from current expenses, I will arrive at around 55%.

Hey  @Petit Morne, Can you connect me with that painter in Atlanta?

@William ByersI took the rent from all of the units and averaged them together to arrive at the $700 number.

Not to be contradictory but I have owned in Fishtown for 3 years and I would say with the nightlife exploding and new construction there it has definitely arrived.

I just ordered the book and am waiting in anticipation for it's arrival - this will be a good point to note as I read.  

You arrive with your licensee hat on and provide a brief explanation of your services as a licensee.

When I first arrived, I was pleasantly surprised that the building was more or less as advertised, and the location was even better than I thought.