5) does te 5% rule on the purchase price consist of the spread for invstor (me)?

But Fremont may actually be the future Detroit.http://www.mercurynews.com/business/ci_26529194/te...Tesla's car manufacturing plant is based in Fremont.

The paint is peeling, the walls r cracked, the tiles r falling off in te bathroom shower probably from the leak he said he hasnt fixed which my inspector says is the cause of a huge amount of water under the unit!

Thanks, @Thomas Hackett  Looking forward to talking about Bigger Pockets Te next time we get together.

If te buyer does something dumb like repair a home before closing then that agent can lose their NAID and all ability to sell HUD homes.To me as a listing agent I would say no thank you to anything below 3% especially on a minimum $1250 commission.

Then the landlord will get te max of 1582.. 

Wish you te best!

On the other hand if the doors are old and slowly failing your costs to fix te symptom is probably just going to get worse!

The next thing you should do is getting your financing figured out so you can submit a loan letter with your offers to give the owner an idea whether or not you can close the deal as long as your letter includes the amount of time it will take them how long it will te to close your loan and the maximum amount you qualified for.The next thing you might do is to find an office location for you that is convenient and has few distractions.  

Te is basically just life insurance with the coverage and premium locked in for a predetermined term.