Lawrence/Larry,I'm a recent transplant here from out west, and am getting increasingly excited about doing some flips and BRRR's in the Kingston area.  

Everyone was overleveraged when the bottom dropped out (a lot of Bay Area transplants in the mid/late 2000's) so the foreclosures are pretty close, if not over, market value.

In total, we spent less than $5,000 on the rehab which is probably why our CPA regards expensing vs. capitalization as splitting hairs.

While I have never worked with Bill Hair, I can tell you he is the most respected man in business/real estate litigation in the county.

Hair was blowing everywhere.

So my hair is up on the back of my neck but I'm moving forward.

This is making me start to pull my hair out

Facial hair helps too.

I’m ripping my hair out trying to figure out the next step !!

Competing offers are the norm in many market segments and owner-occupants of the standard 3/2 in a decent neighborhood are routinely outbid by cash buyers (either investors or bay area transplants).What can cause that situation to change?