Just one other thing along the bulk purchases, you can break them down as Dion mentioned but you also work off of several loans or blocks from the weighted average to maturity, weighted average yield, weighted average collateral (LTV/CLTVs) as well in a portfolio.

Our house needs updating but is certainly livable and there's similar sized new construction (w/o parking) going up on our block and all around for $110k more.

These guys can purchase large blocks of homes in specific zip codes, but REI's are going to heal the bulk of the problem a few homes at time.

Your move and set (assuming it's a move and set as that's the "going" rate at $3000) is literally that: tear it down, move it, set it back up on blocks (you pay for blocks if they don't transport or there's not enough), tie it down (you pay for anchors) and level it out.

Right now I am pretty much a brand new fresh of the block (not really) wholesaler.

We live in a very tight knit area, I'm just the new young kid on the block, literally.

But they are defined down to the block.

A more nicely renovated row house on the same block may get $1200 section 8.

This is BY FAR the nicest looking house on the block...maybe in the area.

There is a similar house in year built/sq ft/lot size just a block away that sold 2 months ago for 123k.