Put in  your offer and get this thing tied up.

I put in a new outlet and told him to use a good surge protector.He called me again the other day and said the garage lights were glowing bright and blowing out, and the garage door opener did not work.

He has been told to put in as much as $30k for improvements to make the house more marketable.

In the end, we worked out a deal in which they put in all the initial capital, and I got the loan (in my name only), managed the property, was on the hook for any losses if that were to occur, ran the remodel and the finances etc.

We would have to figure out how to fund the repairs and possibly put in some sweat equity.

Looking through the pictures, these 4 homes all look similar to the one for $110,000, but are in better condition, albeit with cheap appliances/finishes.So, based off of this info, assuming I would put in nice (but appropriate for the area) finishes on this house, would it be a reasonable assumption to assume I could list for $160 and close for $155,000?

Welcome @Trevor Sambrano The Arlington area has a lot of good deals especially if you are willing to put in some work.

We are SO close that it would be a shame to put in all this work and not make a deal.

I continue to put in about $1,000 savings each month, plus all the rent money I collect.I'm on track to buy one each month and each one has gross cash flows of $390 or more after paying lot rent. 

I'll power wash the mold of the siding, put in some light bulbs, have the electric and gas and plumbing turned on (HUD winterizes houses) and get a Certificate of Occupancy inspection.