Podcasts are also usually narrowly-focused, and geographically-specific discussions that may not actually add any REAL value to your knowledge base even after an hour of listening!

Obviously that's the biggest investment scenario, and you'd want to similarly understand what you'd be able to get for all your hard work.Chances are this last one isn't the maximum profit scenario (if any scenario has a profit), only because I find doing things "right" is rarely paid back fully to an appreciative buyer - the main benefit from doing things right is if you keep a property long enough to benefit from those decisions.There's also the scenario of holding onto it, but it doesn't sound like that's really what you'd be wanting to do for geographical and other situational reasons here.My basic thought is, if you don't see a way to make at least $10,000 in the first scenario (acquire and sell as-is), strongly consider just passing.

I know I'm resurrecting a dinosaur of a thread here, but I really appreciated your explanation.

You will need a strong explanation to convince an underwriter.  

This was the explanation for the fee.BUYER AGENCY SERVICE FEE OF $295.00 IS AGREED TO BE PAID IN EXCHANGE FOR SERVICES RENDERED:1.)

Appreciate the explanation of PM rate. 

Accompanying the inspection report and explanation will be some form of a contract termination/release of deposit form like we have here in Connecticut that you will sign requesting that the sellers listing broker or title company/lawyer return your deposit.  

Those rents varying so much concern me, I would ask for an explanation on that before making an offer. 

Your experience and explanations are wonderful for a newbie like myself : ) greatly appreciated!

You have to find the problem with the place and solve it to reap the rewards Thanks for the thorough explanation with numbers to illustrate.