I am estimating $2500/mo vs $3500/mo.

If you have the deep pockets to pay cash, are familiar with the area and the property, and have enough $$$ to make repairs (estimate the worst case scenario), and the property checks off most of the "wants/needs" on your/your parent's list, go ahead and make your best offer.You could also call the listing agent and ask them if the seller has any special requirements that they would really like to see in an offer.  

In order of importance, I would rank the 3 steps as find buyers, learn to estimate pricing, find sellers. 

Repairs estimated around $10-15k.

It looks like recent sale comps are under $200k so I would make sure to check with a local agent or expert to verify the ARV estimate.

This is provided you realistically estimate and go towards cash flow.  

Based on what I can see on HAR, the HOA is $3000-4000 per year, quite a bit lower than what you’re estimating 

Hi,I was wondering if any of you have a good rule of thumb for estimating property taxes and insurance costs for residential listings?

Investors use cap rate to estimate their potential ROI (return on investment) for a particular asset.In a simplified definition, the cap rate calculates a property’s natural rate of return in a single year by dividing its annual net operating income (NOI) by its purchase price.

Not only am I asking if the offer was priced right but I really would like to do a BRRR, plus this place can be an amazing AirBnb since the estimated rent is $3,500 in this area.