Firm handshake for men, soft for woman.

And Rehab Costs would be the cost to tear down and construct the new property, including all hard and soft costs that aren't factored into the Fixed Costs.For example, if I have a house that I can tear down and rebuild a 2000 sf property that would sell for $400K; it would cost $100/sf to tear down and rebuild; I'd have $50K in Fixed Costs; and I'd want a 20% profit on the resale price ($80K), my max purchase price for the tear down would be:MPP = $400K - $50K - $80K - $200K = $70KKeep in mind that the rehab costs must account for all of the following:- Site Planning- Zoning Approvals- Utility Installation- Permits/Impact Fees- Environmental Studies- Etc...If these costs aren't factored into the per-square-foot construction costs, you need to factor them in separately. 

You can poop and brush your teeth or wash your hands at the same time.

New roof, windows, flooring, some cabinets, exterior siding, gutters etc, new brushed nickel light fixtures, hardware, fans, new appliances, new concrete patio in back etc.After all this rehab, I will be right at 70% ltv so I think I did good.  

Yes, I can get sued, both the tenant and I can be responsible for the brush salesman falling, but my insurance is more than his death claim could be, the tenant is on his own.

I only mail to absentee owners with an event and my message is a soft sale.  

This article about hard money also talks in depth about the 70% rule.hard money and the 70% ruleFrom the article, the 70% rule assumes 10% of ARV for soft costs and 20% of ARV for profit.

bummer...so I guess you miscalculated the soft costs and ARV on your deal analysisWhat suburb is this located?

I have not seen the inside but the comps was about 35k... so i offered a soft pass of 10k they called me crazy, so i offered 15k and they said if i cant offer 35k dont call them back and hung up on me...  

As far as goals (painted with a pretty broad brush)...