Lots of bedrooms for any size family, and renters often can't tolerate paying the heating bill for an over-sized house.Sometimes these can be made into rooming houses, if zoning permits (but that is a more hands-on business to be in than whole unit rentals).

I'd bet this is 5300 Wonder.

What are the ages and size of homes in the area?

I bet it’s banks and insurance companies…What’s the magic – they make money in the spread.

I have gotten local banks before on commercial deals that were smaller in size to agree to pay 8% to 10% in some cases.The larger deals that would be a much harder sell because they have to answer to the investors on the loan and the commission being too high gets push back because the investors on the loan are taking such a hug loss to move it.Usually the sellers have no money to make up the total commission so the bank makes a demand and you say no and then after awhile the bank gives in and pays.

I bet with your experience you can offer a lot of great advice on construction!

.$7500/120=$62.50 per hourMy 3rd flip I hired a contractor I can trust and that I don't have to baby sit...I really only go over to the house 3 times a week for about 30 minutes...I have had to make 4 runs to Lowes to buy bulk orders, but that has been about it...we should make around $25k on this house and I bet I will have 60 hours in management time...$12,500/60=$200 per hour...

Depends on your goals obviously, but I bet that could multiply pretty quickly.

Nice medium size city with lots of areas that are perfect for what we do.

On a job that size, if you are paying for materials, 20% down, 40% midway and the other 40% upon completion might work for you.