If anyone willing to give me chance to manage their property and I will assure them I will cut the operating cost to minimal and make their investment much profitable.                     

Typically the cost of starting and maintaining an LLC are minimal, however this varies state-to-state.

At least that way you get the listing or minimally how your account manager made it sound if you want to get listings.

I think this is a great deal needing minimal work in an area that is very desirable!

I am mostly interested in residential, but my friend has had exposure to the manufacturing industry so he knows a few things about commercial (quite minimal though) as well.

The nice thing about it is that it is actually the house directly next door to my primary residence, and in a very nice neighborhood so any trespassing/vandalism would definitely be minimized.

Has minimal deferred maintenance and I am likely able to purchase for $250,000.

Investing is like everything risky our job is to minimize the risk through information.

As in any opportunistic or value add opportunity, the investor extracts value when they make the effort others won't or don't, and are willing to put up capital up to the point when it starts to become uncomfortable.If you like the possibility of owning this property then I would suggest you spend whatever my minimal amounts are required to get comfortable before the auction, not full due diligence just enough to answer any nagging questions, and then make your initial offer.If the bidding starts to run up from multiple buyers then move to your next comfortable price.

Yes, expect 300.00 profit minimal.