Same builder, same house, in same neighborhood for example could back to a busy main street in the entrance of the neighborhood, could face West where people prefer East facing, be the house that everyone drives by and lights shine in the front windows when you enter the neighborhood, could back to power lines in the back of the neighborhood, could be next to the community pool, could be on a corner with a bigger lot, and a host of other factors go into pricing....not just size.The 3 main sources that most sellers use for size are tax roll, appraiser, or builder's plan. 

Lean and quick, no extra mouths that have to be fed.While you save and learn, drive for dollars (tired plexes are my favorite) and talk to garage sale holders and ask if they're planning to move.  40% or so are future sellers or tenants leaving.   

The best way to make the numbers work is to limit the work to cleaning, paint and carpet and avoid expensive projects like roof, windows, replacing plumbing and electrical systems, driveway etc - as these take huge amounts of capital, but will typically not drive up the ARV by much.

Spend a day in each area and drive around to learn the areas, the local traditions etc.  

Purchase price: $473,000 Cash invested: $115,000 Sale price: $700,000 14 Buckingham Drive is a single family home located in the upscale community of Madison, NJ.

Colby,thank you so much for your honest feedback, I appreciate it a lot. what are your thoughts on the Deal machine to get leads driving 4 dollars, I was thinking of starting that way until I am able to have a decent marketing budget? 

We're so close to aligning on purchase price, the owner just drives a hard bargain (not the ideal motivated seller but a good acquisition nonetheless).

If I were you’d I’d download something dealmachine or something similar and start driving for dollars and coldcalling.  

I recently got a notice from the city about Critical test exam report on a 3 storey porch, does anyone know a good structural engineer that can do this and how much does it cost?

Currently managing a building in Ukrainian Village and need to have something called a critical test exam performed on a 3 story steel porch.