Do you have a specific step where you're seeking more detail or advice?

I would truly be interested in the meetup if you want to send me the details.  

We calculated the collateral value of each property, and told him we would be willing to do a release based on (1) a payoff of our estimate of that properties collateral value PLUS (2) a extra fee (profit) to us of $50,000.  

Well we'd need a lot more details on the property before anyone can help.

Updating the photos with seeming minor details can make the difference between booking your place and the place with only a drip coffee maker.  

My CoC can only go DOWN since my rehab estimate is pretty solid. 

I sincerely appreciate your detailed reply.

Understand what retails properties sell, average prices per sq/ft, types of properties investors are looking for, what rents are, what areas sell the best for investors, what to look for to get accurate rehab estimates, more properties you visit and see in-person the better, and most importantly, dont be lazy! 

Some lenders are going to want 2-6 months of lease history before lending, others can lend with just a market-rent estimate, others don't even need to show positive cashflow.Ultimately every borrower is unique, every property is unique, and therefore every transaction is unique.

Then the buyer was paying closing costs, which I estimated around $11,000.