I've priced this so that $5k in repair costs doesn't materially change my IRR, but two things at play 1) my desire to build in as much cushion as possible for my deal #1 because I'm nervous (side note I even negotiated my mortgage rate down 10 bps last week) and 2) I think certain aspects were misrepresented during the showings so I want seller to make whole, on principle. 

Welcome to BP community @Eric Magray  It is a great place to meet new friends and learn about various aspects of real estate and more.

I made a strategic decision this year to outsource the actual transaction with the bank.I found a Qualifying Broker that specializes in handling the interaction with the short sale banks.  

Looking for some more strategic approaches from the pros around here.Gary is the man, already reached out to him :)

Was she employed by someone else in the same business she is starting and learned every aspect of it and now wants to go out on her own?

I realize that there are many more important aspects of completing due dilligence(referrals, background check, etc.) but how much weight does the appearance of the actual estimate they hand you carry in choosing a contractor?

Welcome to BP community @Kyle Lake  It is a great place to meet new friends and learn about various aspects of real estate and more.

An investor financing it, you know how the older guys like the sell, finance, rinse and repeat, they aren't aware of predatory financing aspects yet.

Welcome to BP community @Caroline Hedin  It is a great place to meet new friends and learn about various aspects of real estate and more.

The Human in us desires a Coach, Teacher, Mentor, Partner or Instructor to validate the information being received within the material, to be able to then bounce the information off of others with related knowledge (BP can assist with this aspect for sure) and finally to be held accountable to turn that information into action which should result in positive growth (and even higher income/profits as related to a career or business venture).Now I know, everyone can see or not see value in investing money to obtain a foundation or even an advanced knowledge taught by practicing professional instructors in the area related to the information sought, but why don't we complain about those same investments into an Accredited College for a paper degree which is suppose to have you prepared for the "Real World" experiences that come afterwards and sometimes fall short?