The Home is worth for sale for 150k And worth 280k-340k ARV...every other house next to it is worth close to 400k...If I ran all the ground work and presented the deal on a silver platter for the buyer to just sign and buy STILL CHEAP...With out dealing with the extra BS in certain sense it will become a FSBO after I lock up the deal and prepare to sell...Isnt That the purpose of a wholesaler To eliminate the head ache for the end buyer and get them cheap houses?...

I looked quite a bit, but the thread you mentioned had actual statistics comparing the two, so that's what I went on!

My market has similar numbers for the same size home and the rents are closer to $1,400-$1,500 even in the better parts of town.Homes in this price range don't normally give you the most bang for your buy and hold buck as compared to lower priced homes.

Just saying that any fixed percentage being calculated will likely be inaccurate when compared to the actuals from the assessor.

Recently we went through home inspection for a house in NJ the home have a active UST, when the company came to test the soil for contamination it found that there were previous bores in the ground, it was apparent that a prior test was done.

Not a bad idea for an isolated lot or rural area though.I checked manufactured housing to compare costs of hooking up utilities, and it seemed like the plumbing/electric parts would be 10-15K in itself.

They depreciate and never appreciate over time as compared to RE.

How is your market doing compared to a year ago?

Comps are recent sales of comparable properties in the same area.

Compare rents in few houses in relation to number of rooms.