But the property "hardening" with 100% tile floors, and $20k of capital improvements of new HVACs, new plumbing and new wiring, would push me to $75-80k cash offer.

I have a house right now 30k into it and I don't even have tile bought or installed.

In a case like this, should my offer price simply incorporate this projected expense or is there a better way to determine whether or not a drain tile is necessary before making an offer?

That way, you can demonstrate a pattern to the IRS that will likely make proving intent a bit easier.Supposedly, because the number of properties are spread out between different entities, it's less likely to trigger IRS interest.Not breaking the rules is much different than trying to avoid getting caught breaking the rules.

You should see a pattern emerge if your prices are reasonable similar.

Even floor coverings carpet, vinyl, and tile can get out of date before it wears out.

:)Tiled areas = 362sqft * $5/sqft(material/labor) = $1,810 I rounded to $1,800flat as I know I over measured in places and $10 bucks isn't much.That seems like a reasonable estimate for tile.

This one will be a buy and hold in Memphis, TN.Numbers look like this:Purchase price $122kConventional 20% down and financing 80%MAIN HOME: 4 Bedrooms, 3 Full Baths, Living Rm, Dining Rm, Hardwood Floors (Currently rented for $ 1,300 per month - Current tenant for nearly 2 years)Updated Electrical WiringNew Heat and Air ConditioningNew Exterior Paint New Interior Paint Refinished Hardwood Floors Remodeled Master Bathroom (12" Tile)New flooring in kitchen and diningNew Light Fixtures throughoutNew Doorknobs throughoutNew Blinds throughout Large Updated KitchenAPARTMENT 1: 2 Bedrooms, 1 Bath, Full Eat-in Kitchen, Large Living Room (Currently Rented at discount for $ 725 per month to same tenant in 1 Bed Apt (Typically rents $ 785/ mo).

We're in a holding pattern for now, wanting to invest where we live, and not sure where we'll live in five years or so.

Their lender says they can't underwrite the mortgage because there have been multiple title transfers and HUD rules say"no pattern of previous flipping activity for the subject property as evidenced by multiple title transfers within a 12 month time frame".How to other wholesale deals get around this issue?