We still get the odd theft from time to time but it's easy keeping a finger on the pulse when we only do 3-4 rehabs per month or so.Just had one recently but couldn't tell you when it happened prior to that.It's just the nature of the beast and could happen anywhere.At least we don't get car windows smashed by junkies and bags stolen from cars in broad daylight like in San Fran haha

The cat's outta the bag! 

So, if you are putting 20 pct down, you should have 10 pct in the bag before closing and 10 pct at close.

At out of the bag on the ending.

Im knocking the dust off this old post.

And the GC has no money at stake, so he can simply walk away if things go badly, leaving you holding the bag. 

So what been happening: I have made it to the point of conversation with a couple of sellers at this moment. 1 seller offered seller financing, I think that one is in the bag. 1 other is the reason why I am making this post. seller asking 190k.

If you do paint, as others have said, prep is king, sand, tack rag dust off, good coat of primer and good quality paint 2 coats. 

So for all practical purposes, when the dust clears, I would be buying at full retail, if not more.  

End of day lender wants to make sure they are not left holding the bag when you get down to the final assets