In other words, the numbers you see advertised only reflect what the last landlord did.

List now, there are lots of buyers out there because of the historically low inventory this spring and summer.List price should reflect the items that are to be completed in it Hope this helps!

It would have to be cleaned up before renting, so I’m sure the price reflects that.

If that is the case, then the number you can plug into your calculator for your labor is a big fat goose egg...and your profit calculation should reflect that.Therefore, what you are actually trying to add into the equation is an arbitrary number for "opportunity costs". 

How should I adjust my estimates to reflect this?

So we pay all utilities, and that is reflected in the higher monthly rent.  

Lenders are very concerned with the difference between owner occupied and non-owner occupied which carries a higher interest rate to reflect the additional risk and require more of a down payment.You won't get any loan in the name of any new LLC that has limited resources without a personal name attached, mortgages carry a personal guarantee.

I believe you’re trying to use:(Purchase price + Rehab Costs)/ARV < 70%This is really just a rule of thumb and not terribly definitive because it doesn’t reflect your required profit.Here’s a recent thread that might explain the pros and cons to you and an alternate approach.JeffP.S.

They are not rules as has been stated but do reflect some basic realities.

I did read instances where the deposits were at the range you mentioned, I have since updated my contract to reflect $20.With regards to the purchase part, I have no where near the cash that it would take to buy a property at this stage.