Whoever and wherever it was invented, I think there was a built in assumption of at leat 80/20 LTV. 

Not very smart of you to just assume that what I am suggesting is the same strategies everyone else is using targeting leads everyone else is targeting.For you to make that assumption you really lack the understanding of marketing venues.The leads I am targeting ARE FREE..  

@Rick Petersen starting out, many investors make the mistake of not vetting the numbers properly and not understanding the CLASS of what they are buyng.A common mistake we see is an investor applying Class A assumptions to Class C properties. 

But after a detailed analysis, they should be able to provide very accurate assumptions of how they expect the property to be ran.

ASSUMPTION: a CRASH is 10% or more in a short period such as 3 days:We've been tracking the secret RedFin box "Price reductions"which was about 50 homes per day months ago,BUT hit over 1,250 PRICE CUTS in the last few,right after a YouTube/MSM 3 min. video went out,saying Vegas home decline 1st Time in two years!

Since it is a collections I assume the amount may be smaller (that may be a bad assumption).

Here in FL, the home inspection is more than just a QC of the major property components, but also plays heavily into financing and insurance:a) Is the going assumption that the property is sold "as is" or that repairs will be the responsibility of the buyer prior to closing?

(so $650 in taxes means make the insurance $650 as well) this might be off but is closer than you can imagine.keep an eye on the upcoming recession as well. one thing I've been doing is adding 2-3% vacancy to the current rates based on my assumption of damage the recession will have. it's so hard to talk via forums.

I would need to see your expenses and assumptions.

Are my assumptions way off?