Nathan-  Here's a quick description. 

From your description my guess is, it is not.

It feels like you’re missing a step based on your description.

TeamI met a Real Estate Broker recently from one of the renowned real estate companies here in CA.

Please be as descriptive as possible, I am new to this kind of real estate.Thanks in advance

You're looking at a brief description of my post college experience.

There I met a guy who specializes in short sales.

The ideal candidate would be someone looking to be part of a team and working for a growing real estate company.Here is a brief description of the type of agent we are looking for.

Originally posted by "winwinman":now I need a POF letter to make a bid.From your description, it's a cash offer.

He was more than willing, which was a HUGE help to me.Here is a description of the house.- 3,1 - 986 sq ft - Built in 1940 - Rougher Side of Houston, but NOT a warzone, in fact this street is more of an elderly neighborhood, This house is close to MANY of Houston's attractions (downtown, reliant stadium, minute maid park, the Toyota center, Texas medical center, museum district, and about 4 Universities)After my due diligence we came up with the following numbers.- ARV = $82,500 (which was conservative, recent comps for smaller houses came back slightly higher)- Repairs needed = Around $10,000 for rental - (Needs central air, some rotten board on the outside, some doors/sheetrock repair, and painting)We wanted to try to start out with a $10,000 assignment fee to split between us and work our way down depending on what they would take as an offer.