So decided this year just going to get into the game.

Just saw this old thread.

Update; after further digging I found no DIL was signed over.

I love digging into the data and running sensitivity analyses on potential deals.I'm looking forward to engaging in the forums, learning from the veterans here, and contributing what I can.

Hey everyone,I’m currently digging into the Atlanta market to source off-market opportunities, specifically focusing on single family homes and multi family homes.Before I start locking things up, I want to make sure I’m targeting the right areas and price points that local investors actually want right now.

If you are going to use a rough number before digging in deeper I would use a 55%-60% rule of ARV to purchase the property, then start to pull comps, and then once you are feeling this is going to be a good one get your GC to bid it.

Does the assessor actually honor this, or do they just set SEV to 50% of the total sale price regardless?

I am looking at all my investments as long term buy and hold   Run from this deal.

Seems Patrick has figured this out. 

I enjoy digging into structure, material participation, dealer status, depreciation strategy, and how everything ties together in the long term.I’m looking forward to contributing where I can and learning from the community.