The mortgage foreclosures require the state to acquire three appraisals of the property, the opening bid on the auction will be 70% of the average assessment as the opening bid.  

And then do it again.It is actually possible to have a super experienced General Contractor, a very deep pockets money partner, and still lose money on a flip.The most common reason, in my experience, is having a project run over schedule and placing the property on the market during the off-season.

This is my first post on Bigger Pockets as I get going into my real estate journey.

If the cost of the couch removal and other items isn't that significant, maybe just pay out of pocket and don't renew them for another term (or take it out of security deposit if you have one).

I have a three unit building, but one unit needs to be remodeled the other two have been renting out for the past few years.If I spend X on renovating this apartment to get it ready for rental will the cash on cash return apply ?

Find three properties and make offers on all three at once subject to.  

I'm relatively new to the real estate game with three properties with roughly one year of equity. 

But its definitely one of the three issues.  500k houses should generate at least 10% of revenue all day long or you should sell the property there and buy somewhere else that gets that.I would actually guess if you're open to all areas, you can find something that hits the 12 to 14% revenue. 

They took three weeks and had nothing processed, they did not even order the appraisal.

I read it a lot of different places including on bigger pockets.