What do you guys think of this wholesale deal?

[Robert M.]

xxxx Swift Ave, San Diego, CA 92104

Estimated Resale Value (ARV): $430,000-$450,000.

Estimated Repairs: $30,000-$35,000 (for a full blown renovation. Should you wish to keep this as a rental property renovation costs would be approximately half of this).

YOUR WHOLESALE PRICE: Only $355,000

Potential Gross Profit: $40,000-$65,000

[Christina R.]

I love San Diego and since it is about 15 degrees here today, wish I was there!

is this a condo, townhouse or single family?

I ask because I could easily (mentally) spend 20k and up on a full blown sfh kitchen renovation, not to mention the rest of the house.

For a full blown reno size matters.