The only major problem I see right now is the competition with a lot of "zero down" loans available to buyers in the New England area and the overall ridiculousness of the prices--giving someone low / no closing costs would be an incentive, but the loan is still going to cost a pretty penny in PITI.

We've been resolving curative title disputes for title and escrow companies, lenders and law firms Nationwide for several years on these issues and it could cost a buyer thousands of dollars and wipe out any ROI not to mention depleting your working capital if not handled properly.We're not soliciting business on this thread as we only contract with lenders, title & escrow companies, law firms and RE professionals.

I appreciate your interest in my post, as I am new in the field and have my hands on a contract that I am having a hard time selling... or maybe I just haven't found the right buyer.....This property I have under contract is a fixer upper property, but the numbers make the investment well worth it.Details:ARV 242kAsking price 62kRepair costs 50-100kSold comps 230-250k*Repair costs were given to me by contractors, and vary because the house was last used as a rooming house so can either be made into a single family/rooming house/hotel/ bed and breakfast... or can be turned into a four family complex, which would cost a little more.The house also doesn't have any kitchens or bathrooms currently and just overall needs work.

Depending on the scope/size of the project, the plans could cost a few thousand dollars (really depends on scope though).  

So, it's about the same cost as you're quoting.Using (qualified) guys working on the side hasn't been a problem with quality of work for me, but it has been a problem with reliably contacting them.  

I understand that filling a tank can cost a fair amount up front, but does it last for a while in a warm-ish climate (SC)?

You might be able to find a portfolio lender too, it might cost a little more.

A co-worker of mine has been to Nicaragua before(as well as a number of other Caribbean countries) and feels it will only be a matter of time before it follows Costa rica and booms.

If you buy 60 houses that cost a little over 8K each that sounds like you just bought a full time job. 

Get a couple bids on the appraisal buy yes it will cost a lot more then a single family.