A good realtor (which is sometimes hard to find) is a great resource to estimate current property value and ARV, however, remember that they are going to give their opinion based on what they see on the market.

I'm a Longmont based investor/agent and have been hosting a monthly REI meetup in Longmont for a few years now.

I have met a lot of people but I have always wanted to start a group network in miami, which is where I am based.

You still have to know the pro forma rents though since literally nothing meets the 1% rule based on in place rents.

I would only be focusing on only one area and market and the based on what I am hearing, the full turnkey service might not be the best way to go... 

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

A few questions a lender would ask you based on this post.

You are betting your money on the neighborhood and the property (and the client base that will attract), hoping to produce a return greater than what the S&P 500 would produce over time.

I have all my systems and processes down to fix and flip a house tomorrow with the team I’ve built, i have private money lenders that want to invest but wanna see some skin in the game first.

Take every word EXTREMELY SERIOUSLY!