Casting a large net by utilizing wholesalers, MLS, direct relationships with agents to get deals BEFORE they hit the MLS, driving for dollars/door knocking, direct mail, etc. are all great avenues if done correctly.Knowing how to calculate the ARV and rehab costs is also essential to identifying a good deal and that goes with any area.

Personally, I like to essentially do a move in inspection.

Such a short timeline doesn't give you any real margin of safety since you get out of debt, then right back into debt shortly thereafter.This depends on your current interest rate though.

This would essentially defer capital gains until you either 1) sell the new deal or 2) die and the IRS cleans the slate.

While proximity to developing scenes and amenities suggests upward potential, the nearby "war-zone" area could raise significant concerns regarding safety, tenant quality, and property value stability.

It sounds like the transaction is close to closing, which means instead of finding a new buyer, they'd likely be open to reasonable concessions.Included full clause below...FORCE MAJEURE: Buyer or Seller shall not be required to exercise or perform any right or obligation under this Contract or be liable to each other for damages so long as performance or non-performance of the right or obligation, or the availability of services, insurance, or required approvals essential to Closing, is disrupted, delayed, aused or prevented by a Force Majeure event.

Sief suddenly distanced himself from Brian and essentially stopped all communication with investors.

About 4 years ago we purchased a retail center for cash and after stabilizing the tenancies financed $650,000 at 4% fixed 20 years with this lender.  3 months ago this lender allowed us to wrap their note in a new first lien we provided to a buyer with a 10% interest rate - essentially granting us the right to collect the differential between 10% and 4% on the principal balance (currently $610,000).  

They will all have essentially the same product as you, BUT they will have purchased at a much lower price point. 

Value was added to the Stowers Road property through strategic renovations, including essential upgrades and aesthetic improvements.