We have our own maintenance division and so my numbers are pulled from actual work performed historically.

@Matthew SlaughterDid the lead inspection you had performed say that no lead was present or that lead is present and was in conformance?

Shluter first (for a rental), Bullnose piece second, 1/4 rd third.

If he does not perform, he has 16 additional days (30 total) to vacate.

Simply buying because a property meets that 1% ptr number on paper actually raises the risk that after maintenance and vacancy, an investor is no where near that number in performance.  

Just an update...I've since found out that delayed financing is performed using the current value of the home.Which means, all the various forum results I've viewed, as well as other media, which were all saying that delayed financing is based on the purchase price of the property plus the closing costs, were technically correct...

If they are at market rate and you want to keep them, keep them on a month-to-month to see how they perform as Tenants.

My buddy and I are on our second property now and eying down a third shortly.

The closing costs of establishing HELOCs for a third.

There are some pretty sizable duplex projects I've seen done and purchased on market where they add a third story and even a third unit on that third story and convert them to condos...that kind of rehab is going to be $200K easy, but the value you're adding is substantial...thats a much different acquisitions strategy than if you are trying to get in and out of a rehab for $30K.But all in all I'd say off-market will always be "better deals" but certainly there are still deals to be had on Market if you understand your strategy well and know what your buy box looks like to execute that strategy.