A few months ago I was going to buy a rental property which fell through, but then an opportunity came up today where a house that my dad bid on before seeing it (bad decision to not look first, the house was completely molded on all the walls, ceiling, and floors and has some leaking roof problems.) but he got an offer accepted for a massive low ball bid (was listed for 110K but after he notified them of all the mold they accepted his new offer of 20K, bank is in a different state.)

This city outside of the historic/downtown district isn't seeing massive appreciate in housing prices so if you're going to BRRR or flip make sure you understand the ARV well.

They're great now, but if you look at trends they're turning purple, and soon to be going solid blue, unless something massive changes in terms of trajectory.

Bigger investors scale up to multiple deals a month and therefore use massive amounts of leads, so they need to change strategy.

There is a massive migration going on in California.

So with turnkey your upside is limited on the equity (unless there is massive market appreciation).

and the best: it was listed and valued as a 800sqft studio, but is really three individual houses (two 2/1, one 1/1) totalling 2425sqft on 1/4acre - massive equity in there, let me know if you are interested!

Also, since it will be a demolition or massive remodel, you'll be able to terminate a lease given our new rent control environment in Oregon.

Hoping we don't have a massive earthquake and the building crumbles into the sea? 

And my salary for management etc would on a 1 mio $ deal be 1000.000 x 0.3% = 3.000$Of course my math could be off, and I’m not including property optimization and eventual refinance (BRRRR), but unless the deals get massive it’s seems like a tough call.