That goes back to folks only reading the exciting stories of someone coming across a property where the owner just wants to dump it for next to nothing (which is awesome), but setting their expectations that this is the way it is every time.With the requirements some people present to me, like they only want properties that are 40% under fmv, no rehab needed, huge cap rate, and cash flowing in a class A area, they are essentially asking for slot machine jackpot returns with bank account risk levels.

First thing- my phone will not let me upload my personal info or add a picture but I will work on that.
Secondly- My wife and I have had the opportunity to sell our property to a developer. We have a signed purchase ...

If it covers much of the costs be thankful, if it produces a profit as well you gambled and hit the jack pot.

He thought he hit the jackpot, but he didn't want to move, and asked that he can have a lifetime estate.

I didn't realize I had just hit the jackpot of REI manna.

House I'm hoping to leverage with numbers:Purchase: 3BD 2BA 122k, 120k purchase price, 2k feesRepairs + furnishing: 55k: I hit the jackpot and "found" a pipeline for another bathroom which was added, kitchen had to be redone completelyTotal cost: 177k, rented furnished to studentsOwnership: 5 years; total rental income at approx 80,000 total for the 5 yearsCurrent estimate sale price by experienced realtor in the area, she said we may get more if I make a few changes and change the office into another bedroom; 3BD 3FullBA (possibly 4BD): 240,000, after fees, commissions, minor repairs, and taxes: 204,000Total gains with sale: 284,000-177,000 = 107,000 after 5 years while I worked a full time job and that's just one of my properties.

There's a high probability you may hit a jackpot.

You have hit the JACKPOT of resources for real estate investors.

JACKPOT BABY!!!

But I think if the op’s conscience spoke a little louder he would’ve avoided this jackpot.