As you get better you should be able to walk a property for 30 minutes and have a ballpark rehab number so you can make an offer.

You could but when he explains the situation do you think you're walking away free?

This seems crucial when you are in the middle of a negotiation on purchase price, possibly trying to push the price lower or knowing when to walk when the price to CoCROI gets too high. .The equation I seem to think of is this((<Purchase Price> * .01) / 2) + (<PurchasePrice> * .002).So an example of this would be:($280,000 * .01) / 2 + ($280,000 * .002)$2,800 / 2 = $1,400 + 280 = $1,680.I seem to be within $5 of every mortgage I am considering.

She walked in and saw the scene and said she hasn’t been the same since.

And yes you should have a fee for a lease break, and should have done a complete walk-through before signing off.You could at least ask the old tenants to help you out and see if they feel guilty enough to do so.....

You won't really be able to analyze it until the owner responds to your mailer and you are able to walk the property with them.  

, as well as a local lender who has walked us through the math on a couple properties we were interested in.

I may have to walk on the deal if thats the going rate. 

Many builders in the Austin area have been going back to buyers under contract and asking for a higher sales price due to the huge run-up in appreciation, so you are walking on eggshells with this strategy.

He'll walk a property and send you a quote before he even leaves the property.