When you write out seven hundred eighty-six on the offer it leaves them no room to counter unless they chicken scratch it in the margins. 

In either case I don't recommend investing in condos, the margins are slim and there's a lot of room for other people to interfere with the proper management of the asset.

Sellers may find that the upsides of WS in terms of speed of transaction and quick cash are worth somewhat of a lower price, which is plausible because the margins WS get on sale/resale are not great.Overall not sure if I think WS add value to the market, not all market actors do for sure, but if I were to make the argument it would run something like the above. 

It is a widely abused metric (because it is so easy to calculate) that does not convey any meaningful information except to determine the margin of safety i.e. spread between unleveraged returns (cap rate) and interest rate on financing.On to your question JThere is no one way to “quickly” factor in the rehab costs.

I know the margin might not be great, but we're willing to play the long game on this part of town. 

Profit margins, after paying lot rent, is slim but possible in the lower quality communities assuming lot rent is low.

@Ryan Ocarroll  I don't think you're going to find a quick and easy answer to your question without having a big margin for error. 

Got to get the deal done right and within preset margins from the start.

@Robert E Bogino thanks@Dane Logan Yes but not including on my profit margin. 

Those areas that we see as "rough" you'd be surprised just a few years ago how much more "rough" they were.That's the difference between the investor that sees an excellent return vs one that's just marginal.