It works like a charm on mobile homes and I can use loose variations of this technique as the situation will permit.This is not a rip off.

Except, I always just wanted (loosely put, wanted just touches the surface) to spend my life redoing ugly old houses.

We're definately buying the house wether I break even or loose a little (cringe).

Also I had old linoleum down as well and the installer just cut off the loose corners and layed the carpet on top.

We are bound by our listing agreements with our clients "the bank", If we receive an offer, we have to submit it to them regardless of who we feel should get first crack at it.

@Pierre ThernizeI just got into the long term game of buying and holding myself.My entire goal was to NOT loose my shirt on my first deal.

The good is easy, you didn't loose money.

Its business and some you win and some you loose. 

Thanks for the replies, turns out the water supply hose was loose. :/ @Stephen Swalwell when we put down new flooring in the bathroom, I did caulk around the toilet base, so that's why we were confused by the leak.

I joint ventured with my buddy builder and we hit the jackpot. 38 homes with nice profits.Point is to let your imagination run loose when your looking at a property and then work the numbers, you never know, for example when I had to move to my present location I looked at a duplex for sale in a great location of nice homes.