There is a new Charter school and playground and a neighborhood garden as well.This lady is obviously no dummy and has called numerous people she found on the internet including Homevestors and got offers ranging from $15K to a high of $27,500 for the property. a RE agent told her $30K to $40K.I looked at the house and talked to the guy next door who is building a new house and to me it was a tear down and rebuild proposition and no possibility of wholesaling because of all the folks she got involved.

Numerous times in different meetings it has-been said it is not worth fighting because ID pay out is fair or more than fair...

Even wholesalers, who do not purchase the property, will usually advertise the services of their realtor to numerous rehabbers and landlords which are clients they will want.

I am also weary of rentometer, but this condo is in a dense rental area so the rental comps are numerous.

Just make sure you work all the numbers out and if the deal makes sense you can move forward with it but if this your first deal and you haven't looked at numerous other opportunities I would hold off.the 1031 should be no concern of yours and frankly I would be a bit skeptical if someone I knew was willing to sell me a property at 25k over appraisal and then manage it (presumably for $$$) I would definitely wonder if this is first out of area investment in real estate that I would like to make :)

It has worked very well... over 12 years with dozens of tenants we've had only a few evictions, a few more invited to leave and did so quietly.  

She came numerous times and cleaned and made the students clean the apartment.

But to make things (actually) happen, you need to get out there and have someone show you the ropes.I would put our program up against anything else out there, and since the post started with information specifically about what we do at DCREIA, and why and how we are different, thought it only fair to present our side of the story.Some folks, however, viewed that as an open invite to change my words, or imply I said some things that I did not say.Forums like this are great, but they also require mutual respect when an opinion (or facts) different from what we believe are presented.For the record...We have a free meeting (once a month) that anyone can attend, and can continue to be a part of to network, learn and exchange ideas.

We own numerous SFR's around Lake Norman though the market has really tightened..

It could but it would be numerous years down the road.