Depending on how the Trust is setup, Wholesalers would be wasting their time and Rehabbers would end up likely having to pay a higher price for the property.The Trustee(s) have a responsibility to the beneficiaries of the Trust.

Our area(s) have seen on average a 13% increase in value over the last year.

you can hire a guy to spray polyurethene in that crack by drilling around it and squirting foam ~$450. that most of the time fixes the problem. check for gutters on the outside, dirt settling. you can dig and repair the crack on the outside too. overall, i'd not even have a problem with this. but almost all of ours have cracks. some leak too. it's a basement, so i tell tenants "that's expected".

Even if you can shave that down $150-200 you still haven't paid any taxes yet.  

@Anson Young and @Bill S. have hit it dead on.  

Also, you can shave some numbers if you are handy, but that is not in everyone's plan, so decide for yourself.

He told me if I ever consider PMing to just go ahead shave my head because I'd pull all my hair out in the first year.Some folks are quite successful at it, but I can't imagine you'd be excited with the $/hour return when compared to rental properties.Another option would be to consider investing out of state - you give up some of the control you have, but can get much better returns and pay somebody else to deal with the headaches.

BTW, I'm a realtor as well so that helps in terms of shaving off 2-3% commission when purchasing.Thanks in advance.

Then i would follow it with, shaving 28 points (10,10,8) is a deal killer. never give away without getting something in return.

Im sure they can shave that down.