First off I am not sure if this is the right spot to post this or not.Hey there everyone. 

Originally posted by @Cirilo Villar:@Meir GreenblattI think that would work honestly but where would I find a wholesaling company who hires people with no experience:(I not sure how, but I would recommend asking in the next real estate investor meeting.Also check out show 81 & 77, they are my favorite wholesaling shows. https://open.spotify.com/episo...https://open.spotify.com/episo... 

I think maybe there is a sweet spot between too little equity to even sell you the thing, and too much equity where they will clearly want to put it on the open market and take the hit on the condition of the house.

Andrew is spot on with the $200k ARV being a typical ceiling because most places in Houston don't rent for over $2k a month and the ones that do aren't investor friendly on the buy side.

My due diligence on the house was spot on.

I could make this really "smart" and more complex by factoring in additional variables into my formula, like current vs. effective age (if I make a repair the lifespan of the appliance will be increased), time value of money, efficiency of newer appliances vs. old ones, etc. however my goal wasn't to get overly complex, and just make a simple formula to make better data-driven decisions on this semi-frequent occurrence.To use the formula, you would just enter/change the values highlighted in yellow on the spreadsheet and the rest will auto-calculate.If you spot a simple way to improve the formula or think I forgot about something, please let me know and I'd be happy to improve the formula.

I just went and counted 30 books and thats only in the two spots where I can easily find them.

@Kenneth Guy @Jeremy Wirths is spot on.

Finally there’s a spot for them to sign.

@Avery Carl My understanding is 4BR is a bit if a sweet spot potentially, yes?