When it comes to NJ something to be aware of is the new 'lead based paint in residential dwellings' legislation. 

New business practices or not… any amount of money paid for their services is a rip-off.

Think paint, deck, countertops, flooring and removing the 1990s curtains.

Paint, Interior, gutters, exterior paint, trim work, doors, fixtures, hardware, again all cosmetic. 

Needs paint, kitchen, and a furnace.

Have you told him you intend to tie up his property with a contract you can't execute (no money) while you hope to find a buyer that won't rip you off?

the necessary repairs are as follows:  water heater missing, furnace looks old. paint all rooms, new flooring needed in most rooms, ( something i can do myself), recondition kitchen, replace entry doors. the house already has a newer roof and newer vinyl siding, virtually no work necessary on the outside. given my rehab skills, nothing will need to be contracted out, so i am able to save a tremendous amount of money on the rehab, which is why the following rehab number is so low.

New kitchen, new FAU, New flooring in main area, 1 new bath remodel and only added a vanity in the second bath.Our target ARV was 285k- We hit our profit criteria at this number.Sale price 305k on 4-15-16Net profit- 35kI didnt have very good before pics- You might notice we used all the same material- paint colors, tile, flooring, kitchen cabs, etc..- Helps keep the decision making to a minimum.

And that one risk, is the same one that landed me a job with a local investment bank when I penned a letter directly to the chairman of the board ripping apart his old school view on education after an interview that aired on public television.April 2010: After rising thru the ranks at the bank, I realized the investment banking culture was too cutthroat, and simply not right for me. 

From the closing we headed straight to the apartment and started tossing out junk and ripping up carpeting, but not before snapping a few "before" pictures.