It may not be the case in your area but it seems to be a consensus on BP that there very little low hanging fruits on there.

I work for an agency in the antique district on orange ave and we are investors as well.

You're comparing apples to oranges, and asking for a number.    

That is a skill that you as the owner will need to develop otherwise you will try to get bids from contractors and be comparing apples and oranges.

So I think just like zillow ARVs and “comps” they are using a formula to compute the area and they may mark a couple of blocks yellow or orange when it’s really not.

I'm from Rockland myself and thus have chosen to work in the Orange County area.

I advocate that all investors should understand this process, and should be able to identify at least the "low hanging fruit" - mortgages and municipal liens.

Anybody working shortsales in Orange County CA?

@DianaFerreyra I may be mixing apples and oranges but I really like your HELOC approach vs conv financing and have been considering using ours in the same way. 

While clients that begin the process with us and go A-Z, no matter the type of project, streamline/limited or full/standard have a smoother and fruitful experience and are able to enjoy the house they have worked with us to convert into a home.