If they have to pay an agent to sell this property and the buyer agent as well then the $15,000 margin might not even be enough to cover that (4% commission is $17,000).

It is also a way to avoid any payment of commission that he would typically pay to the Agent at closing. 

If you choose to buy, fix up, and sale the market may be good enough to not have to use an Agent and make more net income  by not paying a commission. 

Right now we have about $200,000 equity after commissions etc if we sold.If that happens and I sell, then I will rent somewhere, retire from my teaching job in about 3 years at 55 or 56 years old.  

I am finding 2 different answers Georgia Real Estate Commission says its 100 sq ft and Georgia State Minimum Standard Codes says 70 sq ft. 

We listed the house frantically (1% commission), staged it a little early on net 60 terms, and did several open houses, decreasing the price dramatically in hopes that I could get out quick and at least break even.

.-  1-2% additional equity percentages, as a "finders fee", to essentially mimic what an agent might receive in commissions if I were an "outside" investor.Thoughts?

there was a young man from Davis or Vacaville who was getting going about 6 months ago in that area.. maybe he will surface.. he was trying a little of everything.. ( with I think limited success) but I think he decided he just was going to get licensed and try to earn commissions instead of spending so much money with no result.

Ran the analysis at $290k with around $5000 closing costs and inspection fees, but plan on having the seller pay for CC if they don't budge on the price.Would like to put 5% down, but lender asked for 10% for them to finance since my commission income last year isn't as pretty as this years.

The best lesson I learned (the easy way) is when someone insists real estate is the only way to go, that person is either uninformed or a salesman on commission (or a con artist).