The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat."

Rehab is looking around 75k (line of credit), which leaves little room for error.

Could be related to misreported accounts, credit report errors, identity theft, divorce that included joint accounts, or even legitimate accounts that had been settled or could be paid off quickly.We've had terrific long term tenants who messed up their credit history and were forced to become long-term renters since they would never qualify for a home mortgage. 

Zillow openly explains this at https://www.zillow.com/zestimate/ and publishes their median error rates and other stats for some major metro areas at https://www.zillow.com/zestimate/#acc.The good news is, it's relatively easy to validate how accurate it is for your market:Have your realtor pull 50 or 100 active and sold homes in the market/neighborhood you want to analyze.Compare actual asking and sold prices to the Zestimate for each one, put them in a spreadsheet, and develop some averages. 

The margins for error seem slim on that, and you are essentially buying it for more than that.If opportunity is going to come to you at an inconvenient time for you, then it better be worth it. 

title has spelling error supposed to be NEVER CHARGE FOR SECURITY DEPOSITS

Is he making amends and accepting responsibility for his error in judgement?

My question is not to establish the error, rather what course of action?  

It took a good bit of trial and error to get it to work.

My name is Curt and I'm from New Jersey. I'm looking to become a real estate investor and start generating passive income so I can get out of the rat race. To date I've started my journey by reading a number of real e...