Obviously I haven't seen the property or know the condition it is in but a 20k rehab seems kind of low for a 315k ARV.

obviously the owner needs to sign it as well as.

The contractor has told me that he would be finished on time, but know he is not showing up some days and obviously on other jobs.

Ok, he obviously (to me) needs to get clear on whether his note us compliant.

This is obviously approximate.

The president of the company is very forthcoming and told me outright that he charges a margin on all maintenance and repair work.I want to redesign the fee structure to avoid this obvious principle-agent problem.

I told her that if she can get it zoned as 2 separate units than my offer would obviously be higher than what I initially offered.

If I went that route I obviously wouldn't get the full judgement amount but it would at least cover my court fees.

But, when you activities become such that the same ploy is used over and over and it is obvious that you are in the business and circumventing the intent of these laws, they don't need to read them totally in black and white, letter by letter as investors like to claim.

Based on the pictures I was sent, it was obvious that their rehab estimate of $10k was underestimated but I figured it was still worth a look.