There is some room to improve rents also, so there is some meat left on the bone.

$430K for $3000/mo in income doesn't sound like much meat on the bone at the end if the day.

Is the imposition of this fee a reasonable bone to pick with them?

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@Nicholas B.

The bones appear to be good on this home and will just need some help with cat pee with a combination of a few tactics I found on the forums here.

but I can say for sure that I'm looking for a lot more meat on the bone than 17k for my first flip, as I want to give myself PLENTY of room to screw everything up...haha.I'm looking for a nice healthy 30k margin.. if I'm going to spend the time and take the risk, I want it to be worth it!

It's interesting to say the least, so I'd highly recommend boning up on some of the landlord tenant laws.