., increased per sq foot cost on flooring.

The property is all brick, built in 1960, and I'm under contract for approx 18% below comps (price per square foot).

Do you want to hold them to buying the house without the termite inspection, because if you put your foot down, they will probably balk and walk away (I would).

This is a 30,000 foot view :)

LinkedIn if interested in more of my background.I have been a long time lurker of the real estate world trying to figure out how to get my foot in the door.When I was in the Navy, I spent my time underway reading every real estate/self-help book I could find.

We can replace flooring, countertops, etc for far less than they charged, but its hard (i.e. impossible) to add 9-foot ceilings after the house is built.

As you build camaraderie see if they need help with anything, that could be your foot in the door and put you on the path to building a track record of your own.

10k sounds right on the money for a 1600 square foot house HVAC + Roof (4000 for a 4 ton unit 6000 for roof)Paint would be around 4k, kitchen around 7k, 2 bathrooms 5k, flooring 5k, fixtures/demo/lighting/etc another 5kYou're more like 35k for rehab unless he's literally doing everything himself to save on labor costs75k + 35k rehab = 110k all in / 140k = 78% ARV minus repairs dealIf it were in Phoenix and you had solid comps in a conforming neighborhood I think it would be a good deal.

These look good and cost $1.50 a square foot.

The appraiser is the eyes of the underwriter, and if he says the 5 foot ledge with no fence is a safety hazard, then you (or the seller, or one of the agents, etc) are putting a fence up that'll make the appraiser happy.