I just need estimates from experienced investors so I can get as accurate of a budget as possible before buying the property.

Is this accurate and the right way to amend existing home owners?

In general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors Require you to close before a tenant is in placeFeel free to contact me if you'd like any help.

Additionally those comps will sometimes have 'agent only' comments in the listings, that help you understand the story of it, thus giving you a clearer picture of the subject property and make you more accurate your analysis. 

We are looking for some guidance or recommendations on how to accurately find the ARV.

I’m thinking more people are extending their leases, resulting in less new listings popping up on Zillow so there might be less accurate info there.

I believe that the notary and signatory should be in the same state.For out of country you will have to go to the US embassy or to use alternate local equivalent in some countries.Not accurate. 

List price was $50k and the market value is $47k (according to Zillow, but not sure how accurate that is).

The numbers are accurate but if the CoC is only 6% then the numbers Brandon talks about are not a good investment in my opinion.  

I will double check the calculator I used also, it was the bigger pockets rental calculator and the numbers I used I thought were pretty accurate but I am not sure if they factor in capex I'll have to look into it again.