Prudence will of course dictate modeling all scenarios.

The purchase contract will dictate who pays for it.....the buyer or the seller.

As dictated by existing locations of the plumbing vent and drains, as well as electrical receptacles for range, microwave, refrigerator, dishwasher/disposer, some things are going to go where they need to go.So here is one alternative from left to right.=============== LEFT WALLSINK 24" with cabinet - vent stack there, hot and cold supplies there.DISHWASHER 24" with counter top.RANGE 30" - range receptacle there, microwave receptacle up top.Cabinet 30" with counter top.1/2" boardRefrigerator 30"=============== RIGHT WALLThe only problem is there is no counter space on either sides of the sink.So here are some decisions I am trying to make.(1) Is having a dishwasher a necessity for a 1/1?

If the seller and the listing agent are the same person (agent as principal), common sense would dictate that when it comes to evaluating an offer, the seller/agent has all the rights a non-agent seller would.  

In addition you won't have another party dictating terms for you as to how you'll need to pay. 

@Gabriela Gomez Todays market dictates that you buy only positive cash flow properties, imho. 

These trends are dictating my current investment strategy. 

Make sure the equity is there, or it really hurts. 70% equity is a good number to hold on to when you are crunching your numbers, and don't smudge it unless your market dictates it.

if it's a true win-win situation, then you'll work it out with the seller.the principle of substitution applies, which simply means that no one will pay more for a property if an equally desirable one is available for less.ultimately, the buying public dictates what the market will be.

Flip this house" type of "flipping" is where people purchase homes under market value due to the condition they are in, fix them up, and then resell for market value.Two totally different things IMO.That being said, I don't really see how the first type of "flipping" should be illegal - market conditions dictate what a home will sell for.