This may be a ridiculous question - I have been using the BP calculators as I examine my options in the Philadelphia area.I will be drawing my full purchase price and repair costs from a personal line of credit and intend to refinance once I get a renter in the space.  

Fail examine an incoming email address.

When I did the walk through the actual occupancy was 85% and by examination of the leases and the condition of the property that’s what it clearly averages.

If the bricks have deteriorated or the mortar washed out, then you would be heading in the direction of rebuild/replace rather than repair.You should probably consider having a foundation specialist and/or structural engineer examine the foundation and provide you with an effort and cost estimate for repair/replacement before finalizing a purchase of the property.

Related to that if you pull a heloc on that property immediately prior to selling and then attempt a 1031 the IRS will, if they examine your return, most likely disallow your exchange. 

I recently passed the RE Exam in Colorado and I am currently selecting a brokerage firm to hang my license.

The CFPB started their examinations this last week of non depository lenders.

No tax returns, no bank statement examinations, no lengthy bank red tape to block you from a deal that makes sense.

He got us a quick walkthough but since we figured weren't getting it and it was an awkward tour with tenants home (someone taking a shower, someone sleeping in one of the BRs, etc.) and all we didn't give it the full examination it warranted if we were truly figuring the price we want to pay.Now we have an accepted offer at our full initial, non-negotiated (yet) best-guess price.

None has to take thousands of dollars.Wholesaling is simply being a straw man, nothing more, but it's not simple, in fact you can have more issues there than selling to mom and pop that will live in a home.My point is learn RE basics, not strategies, won't take you two weeks to understand how all the strategies fit into the basics of RE, how RE is transferred, title requirements, types of deeds, rights conveyed, how to value a property and examine the market.Learn RE financing rules, you need to know them to sell otherwise you're always looking for cash buyers.We say, don't be a one trick pony, wholesaling is one trick.