Conducting inspections and due diligence on the condition of a property to derive realistic estimates for repairs is still the key.

I'm totally good with some sweat equity but I'm not in a position to do Roof, siding, structural repairs and such.

However, our tenant turned out to be problematic—late payments, issues that led to an eviction, and additional repair costs before we could relist the property for sale.Now, after months of making mortgage payments out of pocket, we finally have an offer.

HI @Amir PortalWe connected the other day on bigger pockets and we spoke on the phone.

If you need any help over the phone to explain in better detail then I am here.

I literally laughed through the phone at his suggestion, because I was broke, in debt, and in every way and unqualified borrower, and the lending environment in 2012 was probably stricter than it had been since the invention of the 30yr mortgage.

Thats a great way to profit of $177K in a year but she did know the contractors and the has an eye for those type of quick turn arounds.You will see multifamily 2-4 units a ton of duplex 2 units for under $250K again these are usually not turnkey fully renovated properties but they will pass an appraisal without being subject to any major repairs.

Any repair (perhaps over a certain number of repairs) or time spent on a door outside of routine management is a "claim."  

.- It's not profitable for them to search for under-market priced houses, figure out repairs needed or what other problem is pushing the price down and do even more for a newbie investor that has analysis-paralysis and may never buy anything.Some questions you'll want to share the answers to with any agent you choose:1) Are you paying cash or getting a mortgage?

They offer a free phone consultation.