After about 2 hrs of table talk we came up with only 2 properties to look at for potential rentals...so expect to really put your networking skills to test and do a lot of driving for dollars to find the deals.

Perhaps that's whats great about Reg A is the "test the waters" aspect.

Beyond the legal requirements, we try to use the "reasonable" test on things like that.

In several cases, the numbers looked good on paper, but once you jumped in and did more research, you realized that the ARVs being suggested by the wholesaler weren't accurate (house was in a flood zone or just over the border in a worse school district) or the rehab estimates provided by the wholesaler was off by just enough to make the deal less than appealing.

In this particular deal though as is the case with so many hands in the pot - I couldn't get word across to the seller (through the web of realtors) that he needed to have a separate company do the testing before and after, otherwise how do we know the mold is actually remedied?

According to the MLS, rents are (how accurate are these btw?)

We are planning to test this same list we have with postcards and add about 500 more to our list from a different market.

You're going to need good credit, meet DTI standards, have 20% down atelast, then the bank is going to want to do thorough background checks on your contractor, appraisals, double check your repairs estimate to be sure its accurate, yada yada yada.

I do it to give me peace of mind and to try to prevent emergency services in the middle of the night.Well, sure enough, on the rental property we own with my in-laws the heating contractor was testing the carbon monoxide and it registered at 4,000 ppm.

Are there other tools (or some way to access to the MLS) that I can use that would help to determine the most accurate TMV?