It also allows you to calculate to the dime your debt service costs based on your estimated hold time.Building buyers lists as a wholesaler is also portent but keep in mind bigger dies not mean better.

Buy at a great price + location + good numbersRentals don't have to be rocket science.Figure rental rate based on like kind rented properties near by.Subtract: taxes, insurance, repair % (7.5%, but varies based on prop condition), vacancy (2 months), capex (5%, but varies based on prop condition/age), pm if using (8-10%).

Explain him benefit of owner finance based on his tax structure, since how long he own and what is his plan (Cash, 1031 exchange etc...)What are some questions that I should ask the seller during our meeting?

Our C area properties are near military bases (navy) and nearly every renter is navy or works on the base.  

Cost will be what @Marc W. said and this is based on level of finishes you want as well. 

based on rule of thumb 70% of ARV - rehab costs - wholesaler fee, give or take. 4.

You need to respond and answer the questions others have posted.You also need to figure the value based on comps.

For other investment type we can decide value based on income, here no income associated.

I purchased both in city with an air-force base near by, with a strong demand for families to live in a home with a yard; also has the best school district around! 

Can someone recommend a contractor that is reliable and trustworthy?