Obviously needs a lot of work, so even if you hold on to it I'd still consider it a flip because of the amount of work versus the instant equity you'll get.  

Disclaimer: this is NOT an ad, or asking for website feedback. I share this tool because we believe it provides value to fellow investors. The software is provided as an "AS-IS" with no warranty. It is free and will a...

Do you have people who will go there in an instant if there is a problem that needs immediate attention? 

Jeff Beardi use a regular title company to close my deals. i sent this deal to my title company 2 weeks prior to finding this buyer. my title company informs all of us that the payoff just arrived and it was WAY higher than estimated. the buyer who i assigned/sold my deal to instantly comes after me with this "pay my bills" stuff. my buyers attorney literally held on to the buyers deposit. nothing else was performed because my title company already did everything.

I think the biggest mistake people make with direct mail is expecting instant results off a small mailing.

You have a lender who is well versed in 203k loans. 2.) you have a reputable, punctual, and licensed contractor who is on top of their game, and preferably, experienced with the 203k process as well.There's a lot of red tape, but it's the cheapest way to get into a property currently while instantly (hopefully) building some equity. 

I pay 20.00 and the guy cuts my grass and the lot next door. this really helped when the appraiser came out and the neighbors appreciate it to and watch out for my property even more. the first thing I do now clear and trim the lot instant value.MississippiIm originally from MS and was able to purchase my 3rd property last week.

Worse case scenario a HML can hook you up as long as you can show them that you are getting a place that will have a decent amount if instant equity in it.

I've used it before for small personal transactions and it worked literally instantly, with automatic transfer to my bank the moment the sender clicked "send" in the app.  

Let's say a foundation repair quotes at 15k, i could do it in 5-7k, that's an instant savings on my side under the repair costs.