With wholesaling you have to master more components.

Should we go ahead to add another bathroom since the master bedroom is big enough to add one?

BP is basically a crash course masters class.

You will find that $300K for a 4-plex in this area is at the top of the scale.If the owner is moving out of state and doesn't have any equity, one strategy is to come in with a master lease or a lease/option which lowers the risk to you. 

I’ve got a full kitchen, full master bath, 2000SF of tile demo and install, carpet, some minor plumbing and electrical, painting, etc..My Partner is a GC, but his crews are tied up on two other projects for another month.Thanks in advance,Justin

Plan is to use master lease option, and then hold for long term cash flow.1) Being a unique property and hard to find comps, given the appraisal, sale and listing data, how do you determine what your max purchase price to be?

However, the Seller has brought up the idea of doing a Master Lease Option (MLO) but, with the exact same terms.

I had a light bulb moment and listed the 3/2 house as a 2/1 house by locking up and excluding my master bedroom from the listing (way easier, good compromise for me).I'm paying my next-door-neighbor-cleaning-lady $25 per turnover.

While the apartment is not high end by any means, it certainly is a more expensive rehab than one would do in a low income area.Paint and flooring materials used- Wall paint is Sherwin Williams Navajo White- Ceiling and trim paint is Sherwin Williams Ceiling Bright White and Extra White for the trim- Kitchen/Dining/Bathroom floors are TrafficMaster Quartz Stone Vinyl Tile- Living area/bedroom flooring is Traffic Master Allure Country PineOther upgrades done to the unit- windows are new- the entire bathroom was gutted to the studs and redone.- countertop is new- we painted the existing cabinets and put new hardware on them- in the 3 season porch we frosted 2 of the windows and then just painted the existing walls, ceiling, floor

Empathize with Bill and the seller's position and suggest that if you can't get back the funds you at least want to help the seller's case in court, work out some sort of deal, talk about a master lease option, basically anything that does not involve the idea of litigation.