Needless, the leads NEVER panned out.

Needless to say I like that idea!

I am sick of the corporate nonsense and endless meetings that never accomplish anything except squandering time that could be used to address the issues that drew us to the meeting in the first place......Needless to say, I'm teetering on the edge of jumping in FT.

If I flipped would only need less than $5k in additional work (new fence, etc)-ARV ranges from $55-$85k.

However - if you're lumping insurance into your same bucket of needless expenses would it be safe to assume you go without health insurance then? 

There is the one argument I know of to hold in all cash rentals is that you make more cash flow per month than a leveraged rental, meaning you need less of all cash rentals in order to make X dollars in cash flow a month AND with less tenants to manage. 

Fix 1 1/2 bathtub pipe and Fix toilet - 580 (these items were grouped together which was kind of suspicious to me as I never saw proof of leaking bathtub, they even mentioned having to possibly replace the toilet lol)Needless to say my BS radar started going off.

If I were keeping as a VR, I'd change flooring, open up kitchen (honestly, I might not even bother with that for a VR) but not add pantry (because in a VR people aren't there long and need less storage), paint everything, and then spend the money on furnishing it.If I were going to sell it, I'd open it up and modernize the kitchen, add pantry, blow out master suite (including gables or shed roof), refinish the walls, paint in and out, upgrade light fixtures, etc. 

Yea but I still think it's unwise to delegate needlessly.

I'm going to not bore everyone with the details, but needless to say, all my numbers presented below are backed up with information.I know one problem right off the bat is I might not have enough skin in the game for his liking.Purchase Price: Not to exceed $275,000 at public auctionRehab Cost: estimated up to $20,000Estimated rehab time: 1 month light rehabAfter Repair Value: $410,000Exit Strategy: Sell to a retail buyer.Estimated total time of collaboration: Not to exceed 6 months.Security Instruments: Free and clear of all loans.