Do I shove the money into the market with a click of a mouse or go through the hassle of house hunting, finding a manager, etc etc where yes, owning property is great but as far as reward, stocks would be so much easier (from an investor standpoint.)I feel like I can't be the only one who felt this way starting out and I would love to hear your stories if you had similar thoughts when you first became REI.

One looks like it had a home that burned down (there's a mobile home pad and garage foundation on it) with a house next to it.The plan is to flip as quickly as I can with seller financing.  

I include padding to assure that I maintain positive cash flow after cap ex. 

Like any other credit card, the minimum monthly bill when the balance is $0, is typically $0.Even for folks not involved in REI, like restaurant owners for example, it's nice to be able to make several hundred thousand dollars appear without question and with the click of a mouse.

I do see flips come on the market with what I would consider to be sub-par rehabs semi-regularly, but it's hard to know from a distance whether they did it intentionally just to pad their bottom line, if they're inexperienced, or if they just aren't good at what they do.

Back house has access from an alley with a parking pad and carport.

When you pushed back they offered a discount.They should be doing it at their cost, or very close to it.The fact, they are offering discounts, indicates to me they are padding the repair costs, somewhere.

I am seeing quite a few do this practice of what seems "padding the numbers".

Surface- Rock or hard surface (concrete/asphalt);If on rock/asphalt put your tongue leg or stabilizer pads on widerpads to spread the weight out.

I require tenants to take care of "ordinary pest control" which includes flies, spiders, the occasional mouse, etc.