@Hai Loc I'm trying to see the build out plans to determine plan B.

If it makes a positive cash flow since day 1 price is not that a price should not be the only determining factor in a long term investment.Are their any leases with the existing tenants or does it have any obligations that you would become obligated for. 

I don’t do ACV right now simply because the cost difference is so minimal. 

If, at the time of loss, the company determines the ACV of the building is $100,000 your limit needs to be $80,000 or more.

Nobody should look at them as any form of training or education as a lot of things/steps are left out of the shows.Mostly, the critical tasks needed to be successful in flipping aren’t shown:- how to find properties- how to determine ARV- how to determine the budget NEEDED to rehab the house to meet that ARV- carrying and closing costs- TIME!!!!!

I have been trying to figure out how much I would be able to pitch a sales price to an end buyer for (this would be my first deal-if I can get it right)I located properties that have recently sold in that area so I determined ARV of 46650 ...

Meetup.com and BP are simply ways you advertise it. 

Keep in mind it will probably be seasonal, so determine the seasonality and work that into your nightly rate and occupancy rate. 

@Neil Aggarwal Pretty much all vendors in the industry use "Preforeclosure" to mean the period of time between the notice of default and notice of trustee sale in non-judicial foreclosure, or between the lis pendens and the notice of sale in judicial states (with some state to state variation thanks to things like combo notices).For the period you mention, during which the owner is simply late on their payments, those are called "mortgage late" leads or 30/60/90 day late leads.

I have an ROI spreadsheet I use to determine the ROI on ever note before I buy the note.