We always start from a financial side of thing and move forward, when it's time to inspect the property we arrive with our contractors and really get cost and condition to confirm what we already expect.Good luck!

@Mark McGarryI pay it only when the invoice arrives.

The local credit union I'm working with to finance the deal has performed a $450 "real estate evaluation" (i.e. off-site, desk appraisal) on the property and arrived at a value of $110k.I questioned my LO about the appraised value and they admitted the scope of the appraisal was to formulate a "liquidation value," not a FMV.

The burning desire has arrived.

Owners who want to recover possession of the rental unit for owner or relative occupancy may contest a tenant's claim of protected status either by filing a petition with the Rent Board or through eviction proceedings in court.Note that failure of the owner or relative to move in or occupy the unit for the full 36-month period is evidence of the landlord's failure to act in good faith.

We are brand new and are in the process of gathering all the data to arrive at our maximum total offer allowance.

With that you can arrive at a price, but it's probably cheaper to pay an appraiser.

It is 10am and he still hasn't arrived at the propertyI made it clear to him he needs to be done Sunday night.

As you are new at this it would be a good idea to have someone pull comps for you in the area to make sure your estimate is accurate.How did you arrive at 40k in renos?

Looked at a property today and I was the first investor to arrive.