I have come across what may be a fantastic opportunity for a flip ( **I HAVE NOT YET LOOKED AT THE HOME SO I AM NOT CERTAIN ** ) ... purchase price and rehab costs come in around 66% of resale value and the average time on the market in the area is approximately 60 days.This house is not yet on the market.Asking $50,000Rehab - about $30,000Sell - $120,000I contacted a lender and was told the house must be move-in ready AND I must have enough funds in my personal accounts (be it savings, 401, or whatever) to cover all expenses (mortgages (my home and this one), car, loans, etc) for at least 6 months.  

I'm not looking to specifically find a super deal with a lot of money in it just an average place for a decent price to live in and stay for at least 2 to 4 years.

Is this an average number, or the actual quote from your preferred company?

Hi all,I was hoping to get your opinions about an idea that I am working on.I have come to believe that finding where to invest is very complicated as calculating average prices per type of property and the average rent for each postcode across the country (or the world) would take a lifetime.However, as a property investor, what you care about is the yield, no?

We had a sump pump so normal or average rains would result in small amounts of water leaking into the basement.

Average days-on-market was 51 vs. 56 in April '14.Average sales price was up 4.3% to $281,724; median sales price was up 7% to $209,790.Active listings are up 4.9% vs. last April.I don't think the market is going "soft."

I realize this post is over a year old, but I'm new in Citrus, and I heard that buy and holds are better here than flips because of the low average income level.

So 40,000 owning about 10 on average each?

I'm paying an average of 15-20% more.  

Paying for traffic is quite expensive because of the nature of the business, you can expect to pay 3 to 5 dollars per click on average if you advertise in google or bing.