The problem I am trying to overcome, is how to change the boards perception that the slats were put there to do what the policy has asked for.

Their store is always crawling with people, and people have the perception that Ikea cabinets are a really desirable cabinetry.

This eagerness to pay too much for a mobile home comes down to lack of experience and an altered perception.

This may or may not be top of mind to the tenants, so I was just trying to get creative suggestions on managing perceptions because its a small town, and I don't want anyone damaging the place as they move their stuff out.

My personal PERCEPTION of value is different than appraised value, giving me much more potential on the upside if my perception proves correct.Jon HoldmanHow do you locate a "desk appraiser"?

As to any wholesaler not being able to make $100k+, I disagfree, I made over that just in wholesaling alone last year and I do that on the side.It appears to me that there are lots of invalid opinions and perceptions on this topic, hopefully we can clear them all up here for all to learn from.Great thread, keep it going. . .

A house from 2000 is still 12 years old.Many items can start going bad soon.If you have a house that is much newer say 2008 then you might have awhile before things go out.You have to inspect the property no matter the age.I have seen some builders go under that just threw up the houses and even though they are newer have a ton of issues.So I make no assumptions when investing and conduct the due diligence on all properties under consideration.I am also amazed that vacancies are not calculated.That is one of your biggest expenses.I would go further and say to estimate the first month or two the property you buy is vacant while trying to screen for the right tenant.You will save by being strict to locate the right tenant for the property rather than being lax in some parts of your screening process to fill the property up.Of course even if you do your best to qualify people's job,health,family situation,etc. changes and you have to get them out.It's part of the landlord business.If you have a 2000 built house and it has 4 years left on the 16 year roof then you know in year 4 to have that cost allocated for repair.If you don't do that you will show higher profit to a buyer when you sell but you will get a lower offer as they now have to fix the deferred maintenance plus you will have tenant turnover from giving the perception you never fix anything as a landlord but are quick to take the rent check.

Simply tell them you were not thinking of selling the house but that you guess you would as you don't keep any property forever.....that or something to that affect should keep the perception of your being excited at a minimum.

Just wanted to point out that Jeff makes a very valid point as to the perception of where the money is coming from.

Whether that constitutes a tear down is open to interpretation.I have seen a house condemned before for Bats and Guano but somebody bought it and turned it around when I thought it should be burned to the ground.Now a renter is in there.Just submit an offer for what you feel is the value and then let them decide what to do.At their list price they do not feel it is a tear down.So you have to change their perception or move on.