I don't know why a commercial insurer would care how the property is titled, but some companies have weird rules. 

Just curious if the 50% rule is accurate for single family residences or is that more a rule of thumb for multifamily properties?

If the bankruptcy was filed just one month ago by the owner, why would the court grant the release so soon especially I have not seen the 2nd spin new rules.

It is against the rules to go aroundDenverDener the listing Agent.  

The point is to look at all angles of a deal and not rule one out.

Hey Anthony,I’m also in the Bay Area, What is the rule of thumb when it comes to labor cost that helps you judge what the cost will be for a rehab?

By the 70% rule using $335k ARV * 0.7 = $234500 - $60,000 = $174,500.  

I live in MD and I am aware that there are many rules you must abide by in order to properly wholesale a home.

I could use your input on a propertyThe house is a 3/2 1367 SF Singe family in Union City, GAThe owner is asking 60,000 my ARV is 86,200The unit is in good condition and is currently rented for 750.00I checked Rent O Meter and there are three properties on the same streetrenting for 1000+I was thinking of a counter offer of 37,500 applying a 2% rule on thecurrent rentWith a max offer of 50,000 applying the 2% rule on potential rent based onthe rental compsMy question to the group would be is my logic sound on the counter?

The rest of the 11 years I spent holding 2 SFR rentals breaking every rule in the book along the way.