;-)Actually, $2000/hour isn't unrealistic if you know how to quickly build businesses that don't rely on heavy infrastructure and can generate cashflow relatively quickly (what is espoused in the book).To do that takes a business-minded person with some experience and a bit of cash (in my opinion), but it's certainly doable...

Getting a 10% margin on a property here in Los Angeles is totally worth the effort.EDIT: I meant to add, in most places ~65% is pretty unrealistic.

Would you offer less (although anything less is close to 50% of the original asking price, is that an unrealistic?

If you have completed any amount of short sales you do upfront work first to not waste time.Never take what a seller says at face value.They will tell you anything to try and get help to solve a problem but the issue is they don't know they are hurting instead of helping.The problem with sellers is at first they are motivated to do a short sale.Then as time goes on and credit is ruined and they have moved out they become emotionally detached from the property.The buyer have unrealistic time lines to close for a short sale.You need to know if your market is declining,flat,or appreciating every month.If it's appreciating or flat the benefit is to the buyer.If it is declining the benefit is to the bank because by the time it close it might have lost 5 to 10 percent of value from the contract price.Your bank actually moved pretty quick with the short sale compared to some others.A buyer and a seller need to understand it could take 3 to 6 months or longer to do a short sale.A friend of mine that is another broker in Florida has completed over 800 short sales.He is a master at them.I did residential for a few years but then moved to commercial so I haven't kept up with all the regulatory junk on the residential side.He does all residential and does not take the short sale unless the seller agrees to certain conditions from the beginning.

This is where most of my business is done.Bandit Signs - affordable guerilla marketing tactic but garners a lot of calls from tire kickers, retail buyers with unrealistic ideas, etc.Newspaper ads - I was running a penny saver ad a while back and it started to get very costly because I was told I cant test an ad for 2 weeks.

It sounds like the seller is unrealistic.

Other times they're unrealistically high.

Meaning when I go buy a car I don't look at the paint job.A paint job is just small money and some gloss on the tires.I focus on the expensive items like the bones of the vehicle.So with a house I know which items are cheap to fix and which items are expensive and I also know if the repair they are claiming was made when trying to sell to me is correct or it was done improperly and will fail soon and will need to be redone completely.You can try to find another manager but if you have a little house where the manager only make 60 bucks a month etc. there is not much money to be had for the grief involved.I just hope you didn't overpay for this property and expect to try to unrealistically cut repairs to now maintain a profit margin.That won't work and will eventually hurt you upon resale of the property with deferred maintenance.A number one mistake I see is over paying and then grasping at anything to cut costs.

That seemed unrealistically high because he wasn't including vacancy and maintenance.So are you saying it's okay to exclude these items from ad listings, so long as you cover it during the "consultation phase"?

.: No older than ten (10) years2) Equity: $30K bare minimum.3) Very little to no rehab4) Must be priced to sell at the tax roll value and no higher.My question is this:"Does this sound a bit unrealistic?"