A little background how this is even possible form me, at this time last year I was working 30 hours a week making $12 an hour.

If a house has an ARV of 55k but needs work, please don't try and wholesale it to me at 50k.

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If the house doesn't net me at least an extra $3-400 a month on top of PITI I won't even look at it.  

My question is, I know I can get an agent to pull comps and determine a likely ARV, but how do I go about determining repair costs without hiring an inspector to look at all 50 houses so I can make the seller a fair offer that leaves some meat on the bone for my end buyer who will rehab it?

Besides getting an agent to pull comps for the ARV, how do I go about determining repair costs and "as-is" value without paying possible thousands to inspectors/appraisers so I can offer my highest price to the seller while also leaving meat on the bone for my end buyer?

Also, I could use the approximately $25,000 as a down payment on something larger - maybe a 4 or 5 plex giving me, at the very least, the same cashflow but probably more.On the other hand, I keep thinking that I have a nice unit with a great tenant, that cashflows $350 a month.

so I let him re-bid for me at a slightly higher price.

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