My entire weekend is certainly worth more than that, especially when you figure cost of materials and the cost to rent the belt sander.

Thanks to all who have provided me ENDLESS hours of reading material here on BP and the invaluable Podcast!

See this thread for a bunch of reading material.

My version is: 1. sign shaker not a money maker, spend what you would pay them on something else. 2. bird dogs, yes use them but people in key spots that can give you potential leads, I don't like to train a bird dog only to have them become a wholesaler using my material and methods if they are any good. 3.Bandit signs I like but if your in a strict area, it is easy enough to make them legal and out of the reach of the sign police. 4.

@Jackson Sandland  Could be a variety of reasons, and you didn't specify the work you were having him quote, but one reason could be to give him an idea of the type/quality of material/finishes to include in the quote. 

My conclusion: The small quantity of Wake county courthouse sales will not lead to a material change in inventory, especially since a large percentage of property becomes 'held for investment' vs.

I'm looking for good educational material on the process of developing "raw land" into a subdivision. 

I put materials and new tools on Lowes card first.

Purchase / Sale   Purchase Price (Act)  $180,500   Sale Price (Est)  $395,000Fixed Costs   Buying Costs (Act)  $14,267   Holding Costs (Est - this incl loan i pmt)  $25,223   Selling Costs (Est)  $23,550Total Fixed Costs  $63,040Repair Costs   Finish Materials  $22,924   Labor / Equip / Build Materials  $58,158Total Repair Costs  $81,082Total Project Cost (Less selling costs & ipmt)  $282,203Total Investment  $324,622Profit  $70,378Also, here is some more info on how I found the deal.  

The conditions, recommendations, and suggestions contained herein are the result of a visual inspection, without removing surface materials or performing structural calculations, as of this date.This house is a one story residence, approximately 70 years old, consisting of asbestos shingle exterior walls with a an asphalt composition shingle roof surfacing.