Finding sale comps in Indy that are 1 mile or less away from target in last six months is challenge.Purchase Price: $52kRepair Estimate: $40k  Projected holding time: Max 90 days or lessComps: 1. 3/2 sold Feb 2015 for $135,000 (0.4 miles away) 2. 3/2 sold June 2015 for $199,900 (1.1 miles away)3. 3/2 sold May 2015 for $189,900 (1.7 miles away)ARV: $174,993 - $30,000 required profit = $144,933 - $40,000 rehab = $104,933 - $20,880 realtor/holding/points/closing = $84,053 MAO ($32,053 below asking price)Below is a conservative ARV based on $164k median home values in Millersville:ARV: $155,000 - $30,000 required profit = $125,000 - $40,000 rehab = $85,000 - $20,880 = $64,120 MAO ($12,120 below asking price)Any advise/insight would be appreciated.

@Alex Chin Thanks for all the advise man!

Being good to one investor can unlock the door to 10 investors  Thanks Elliot for the advise.

Hi, I am seeking advise on a deal.

Most attorneys and CPAs would advise against it.I can, however, provide general commentary: I don't like to use unit counts as a metric.

@Durai Kalaiselvan what does your PMC advise?

Advise…

Lucky for you, you are in a state that is booming.I advise you to join real estate events in your area.

I would advise the original poster not to say anything about families in ads, not to comment on kids ect in showings but he can target the unit at families in other ways.

We owe roughly 280k and have been advised by our realtor that we could list somewhere between 420-449k.