Justifying jobs involves supplying payroll information to confirm direct jobs, while to justify indirect jobs you use a complex economic analysis prepared by an experienced economist using pre-approved government formulae (the same ones government has been using since 1945 for counting indirect job creation outside EB-5).

i know ive seen a "rule of thumb formula" bounced around here somewhere.thanks

My question is is there a formula to knowing what to charge for an option to buy contract that you want to sell to a cash buyer?

You have your formula a little off.

The 2% rule and the 50% rule are heavily weighted toward property in flyover states where rents are in the neighborhood of $500... the formulas break when you are talking about higher rent figures.

However, whether the market is rising, falling or staying steady, the formula for making money is the same!  

(just trying my own strategy )As far as mentors go, i've found one who teaches me the ropes and shares all the formulas and contracts with me.

Each city/county has their formula for working these out.

There isn't a magic pill so put your effort into getting something done rather than hoping to find a formula.

For my lot values, I do use a quick sales price x .2 to get my MAO, but I like use this formula too ARV - 20% - ($100 x square footage of house built) -10% - $10000