I assume the rents are just proportional when compared to each other. so the cap rates may be similar.

I asked a wholesaler who primarily sells to hedge funds a reliable buyer and he says 2-3 out of 10 contracts he has to call and cancel with occupant buyers.

...hello folks, anyone near the following areas that does BPOs or can lead me to reliable source?

Comparables in the area according to rentometer.com was saying that yes, we could ask for 1100 if we wanted to.

I am looking everybody's $0.02 for the definition of ARV.When the typical investor is talking ARV (As Repaired Value)are they talking "Repaired" as in: A) repaired to average condition for the comparable house in the neighborhood?

mortgage will be about 750.00 a mo @ 20% of 200k Tax is cheap compared to other parts of NJ 400.00 mo.

.- This is what you do.Have a local real estate agent pull sold cash comparables in the area within the last 90 days.

Compare apples to apples and listen

One other thing that is appealing to the current owners is getting a decent rate on the notes they would carry, compared to the fixed rate products that they would be likely to put their money in such as CDs.

How would your rent compare to the going rents in the area?