I have my cleaners at Turno, which means they bid on my offers in order to get hired, so sometimes their prices are the same as my fees.

I have prior experience regarding management, strategy, marketing, bids, you name it I probably now a thing or two at least.

In addition while we all would love to get 3 bids this simply is not feasible for PMs takes way to much time tenants are on you to get stuff fixed now...

Then there are the cleaners that quote to low to win a bid.

@Boffill YosleysDrop the price even further and see if you can create a bidding warThis is assuming you have the cash to payoff your hard money lender.

@Gino BarbaroWe got a bid from Caldwell and they wanted 1.75/day per machine plus monitoring and credit card fees plus every year the price goes up by CPI min 3% & the contract is for 8 years. 

If all their work was inspected and they got certificate of occupancy, I'd check your purchase contracts. they have subcontractors that should have workmanship warranties. we let the customer's contact them directly and let them know up front what to expect and what a 1 year workmanship warranty is. we don't do the drywall we hire reputable companies who do drywall and they are the ones who guarantee their bid. what market is this in?

Because it is New Jerseyin our area a house that never been renovated since JFK was the president , got 110% bid of ARV.

If a property is foreclosed due to back owed property taxes then the bidding will start at the amount owed.

Lots of people moving from Toronto to Winnipeg and we still have low inventory so bidding wars are a given on any somewhat decent house under $500k.Not saying this is what's happened in your market but I don't like "average sale price" as a metric because it doesn't tie the asset that is selling to it's specific market value.