Appropriate amount of due diligence?

[Joseph Girsch]

(Question up front): Am I helping my potential buyers by emailing them my 'Comp Grid' document for the property or am I setting myself up for liability by showing them my ARV estimations?

Hello everyone,

I am a new wholesaler in the Maryland area. Iv'e acquired a decent list of addresses and am about to send out my first mailers (super nervous of course!). Before that, I practiced performing comp analyses and repair estimations on deals other investors have done and compared my results with their real life numbers to see how close I got and adjust (shutout to Marcus at Baltimore Rehabber Pro). 

These tasks led me to construct a spreadsheet based "ARV Grid" where I assign a value to differing details of otherwise similar properties (for example, I would adjust a comp with a deck for~$8000). A quick snipped below is one such example.

Which begs my question for experienced wholesalers - Am I helping my potential buyers by emailing them my 'Comp Grid' document for the property or am I setting myself up for liability by showing them my ARV estimations?

Thank you so much everyone for your constructive input. This is my first post and I am so very happy to join the community.

Joe 

PS:
I have a nearly identical question for showing a buyer the scope of work I made to estimate repair costs. Should I show my buyer how I arrived at these estimations in addition to sending them a link of all the pics/video I made of the property?

[Tim Youse]

Just to add. I'm on a few wholesaler lists in your market. Something not many wholesalers will include is "investor comps" - other cash sales for distressed properties. For example Terry Royce will list ARVs, along with a few comps on block or close by, and then list what investors are paying for properties in similar condition as your deal.

Terry is giving a talk on wholesaling at the HMB Meet-Up in Columbia next week.