With the numbers you have you're could easily get a nice wholesale fee without having to deal with the actual flip.

I could see your situation (more bedrooms and two units) easily costing you $50 per month just in water and sewer fees.

While I would never pay that much and could get them to below 10 pretty easily, they (Ayers) offer lifetime guarantees.

I was able to communicate fairly easily with the person at Homesearch that sent that email.

Should your seller find another buyer, he/she could probably easily move on from an agreement written on an LOI.

Well first think about what you think is important to know and which of those things you don't already know and can't easily look up.  

If I could structure it up where I could get in mostly on OPM I may be interested in it for myself for a rental because then the rents would be in line with investor pricing and it would easily rent because of the school district, I believe. 

So we would easily pass the 80% LTV.

But you and I know, those deals are few and far between, so I wouldn't give Phillip I. the impression that finding a turn-key property for $10k will be easily accomplished.

You can do flips pretty easily on a handshake and verbal agreement.