We found a bank owned home very much below market price listed at 350k, ARV comps going for at least 500k, think this one would be closer to 550k all finished.

I have a few private investors that what me to include them when/if I decide to do my first project in nola.. but i feel i still need to network more and get a better feel for the market first... glad I found this site and have been wanting to make it to one of the REI meetups. 

Among the "magic words" you mentioned include, "... and we have a video of that too. 

Should I average a flat fee and add that to the rent advertising (utilities included) or should I charge a flat fee additional to the rent?

Others include it in their management fee.

The fear is that there is a trustee assigned and 3 other debts included in the NO. 

@Anthony Butcher  Based off your numbers and the standard wholesaling formula, your maximum offer would be $127,500, including any of your fees ($325k * 70% - 100k rehab). 

I am not sure I will do any more of those for a while.There are other things I don't like about Fundrise, which includes the lack of transparency. 

Needless to say, I messed a lot of things up.Some things I know for next time:-make sure to include security deposits credit and prorated rent credit in the purchase contract-make sure to keep all addendums that may be needed saved on computer for quick access-get all the necessary documentation for rehab funding from the contractor before going into contract on the property (my lender needed his insurance, workers comp, experience, etc. and I was not able to get rehab funded in the loan because the contractor would not send this to me and it was too late for me to find another contractor)-check that title has gotten the documents correct before they are sent over to the seller-take pictures of the house during the walkthrough for insurance purposes-check for flood zone early on -give yourself a realistic timeline for closing-check reviews on title company before choosing oneDoes anyone else have any recommendations? 

Have they had trouble selling, was it inherited, does it include additional tracts of land, or solid construction traits not advertised. 6) Try to acquire with $5k or less down, and payments low enough to sustain long term in case of long vacancies.