Bid accepted on HUD property but it has a pool!?!?!?

[Ronnie Boyd]

I have flipped 11-12 HUD deals so far, basicly just wholesale them off and double close. I just won another bid but I didn't realize there was a pool until I went to the property.

Pool isn't in great shape and this neighborhood is average at best. Home appraised at 48K .

I haven't sent my EMD in yet, should I back off of this one due to the pool?

I would love some feed back etc. it's a 2 bed 1 bath appraised at 48K im going to try and wholesale it at 32K, but the pool concerns me. Any feedback would be great. Thanks Ronnie

[Kevin H]

That is very helpful information, thank you. So, are you securing financing on the properties you bid on or are you using cash to close? When the properties hit 80 days are your bids pretty close to the recommended price that is in HUD's chart?