It's just one of many measures to use when evaluating a purchase, and to be honest it's not my favorite. 

At least you can get your hands on it easily, fix it, evict tenants, or sell. 

Even better, because there will be only one loan on the property you can probably get a 2nd for infrastructure more easily if needed

A single deal is simpler for an investor to evaluate and a smart choice when investing with a new syndicator. 

@Hannah DeVriesGood: buy a house with 4 bedrooms, rent out 3, live for “free” & pay down student loan fairly easily with engineering job.

I could easily sell this and walk away with 50-60k. 

Hayden you need to add your closing costs, taxes, utility payments etc. into your calculation if you are doing a honest evaluation.

There's an actual real estate college degree; and within the MBA program there's a real estate concentration.Subjects that could certainly fuel an investor's rise to empire besides just accounting and business could be architecture (evaluating structures), psychology (negotiation), economics (noticing trends in a market), statistics (various areas of investing), and there are probably more that aren't popping into my head at the moment.

While I appreciate the agent's honesty in this regard, he also disagreed with my evaluation and believes that this property has a $200,000 ARV.

I understand the evaluation process but which types of properties to identify and the sequence of events to be successful are things i need to learn,    Great to be a part of the team