In the MLS listing, I initially offered $10k above the asking price due to multiple bids.

A cash offer as highest bid is almost always preferred, ironically. 

We intentionally provide a number of checks and balances within FlipSystem (deal analysis, rehab bid audits, and inspection report reviews just to name a few) to ensure that our team is always providing feedback and analysis to clients on their potential deals.

I have about $250k in equity in the home and my realtor believes if we list it we will probably get a bidding war in this market and since our neighborhood is highly desirable.

I’m getting ready to look for my new primary residence in the Seattle area but want to avoid all the bidding wars and am fine waiting for a while.Would it be feasible to secure land that can accommodate at least 2 homes.

We put a the first offer in and got the sellers to cancel weekend showings, so there was no bid war.How did you finance this deal?

Lower asking price to $209k or less and hope you get a bidding war or at least 1 offer? 

I'm not against negative cash flow, but how far out was the RTP for your initial bids?

I am a seasoned multi-and-single-family property manager in the Charlotte (and surrounding) area.Vendors: I always ensure to connect with at least three specialists in the same field, for example: carpet cleaners/replacements, roofers, emergency services (water extraction or organic growth remediation) this way when it comes time for their services you can get a bid from each of them.

Our internal team is there to help you review rehab bids, inspection reports, analyze different exit strategies based on your updated numbers throughout the project, and help you work with different lenders and insurance agents that we refer you to.