(Not for regular practice however upon finding something's wrong with the house during the inspection period.)Thank you advance!

Those of us that use them regularly don't have a problem with them.  

Since we have very mild winters, the demand for their services in winter is low, and they regularly offer deep discounts on work and units, just to keep their crews working.

For the folks who regularly buy at courthouse auction - how have prices changed in last 6-12 months in your market?

There's little to no difference between regular accounting and real estate focused accounting.

This strategy doesn't really fit well into the regular investment calculators, so you'll have to invent the means to determine whether or not a deal is a great deal.

How much did the wholeseller make on the deal and are you a regular contact or first time ?

We will have to gut and redo everything (electrical, plumbing, kitchen, baths, flooring, etc.).The Investment Purchase Price: $62,000Remodel Cost: $105,000Carry Time: 6 months (4 months for remodel and 2 months to list and close)Finished Product: 4 bed, 2 baths - approx. 1,900 SqFtOption 1: Flip ARV: $230,000Actual Sale Price: $211,000 (230,000 - 19,000 closing costs [2%] and RE commission [6%]) Profit: $44,000Cap Rate: 26.3% (44,000 / 167,000)Yearly Return: 52.6% (44,000 x [12mo/6mo])Option 2: Rent Estimated Monthly Rent: $2,100Annual Rent After Expenses: $17,640 (2,100 x 12mo x 0.7)Expected Return: 10.6% (17,640 / 167,000)Before PicturesFollow this post for regular updates and to see the finished home!

The plumbing will need to be completely redone and to top it off this is a hydronic baseboard system so on top of the regular lines I will need the baseboard piping re-done as well.

The feeling I'm getting is, if the property is in decently good shape my best bet is to just have regular insurance and pass on the warranty...