Is that accurate?

The taxes are current year paid and accurate.

We started to get many houses in our pipeline and because we literally do this every single day - we are able to accurately determine renovating costs and have software to determine comps and profits to the penny.

My biggest issue with it is that there were so many things that needed attention, it would be really hard to accurately estimate the rehab cost.

As an investor and agent with a moderate amount of experience projecting ARV and analyzing deals, I find that many of my clients and potential investors simply do not have the time to spend walking properties in person and that do so is a part of making an offer that is reflective of accurate expenses and also a realistic ARV. 

Present it professionally and accurately to the potential bank lender.And if **** really hits the fan I can prove I have access to a relatives reserves if truly necessary.

You can always gamble and transfer to an LLC after you have the funding in place.

@Mike Abbate there are a few metrics you can refer to independently to determine if this is an accurate statement.

@Eric Telese okay okay that explained so much I think I can redo this evaluation a little more accurate now..what deals have you done so far?

You need to be able to accurately run comps and determine ARV and put the properties under contract at a significant enough discount to be worthwhile for your potential buyers.