If you can, making a cash offer can give you an edge in negotiations and a quicker closing process.For Sellers:Price Competitively: Despite slight decreases in the percentage of original list price received, pricing your property competitively can attract more buyers and lead to faster sales.Highlight Unique Features: With increased inventory, make your property stand out by emphasizing unique features and upgrades that appeal to buyers.Market Outlook:Stability and Growth: The market shows stability with moderate growth in single-family home prices and substantial increases in active inventory.

If possible, making a cash offer can give you an edge in negotiations and a quicker closing process.For Sellers:Price Competitively: Despite slight decreases in the percentage of original list price received, pricing your property competitively can attract more buyers and lead to faster sales.Highlight Unique Features: With increased inventory, make your property stand out by emphasizing unique features and upgrades that appeal to buyers.Market Outlook:Stability and Growth: The market shows stability with moderate growth in single-family home prices and substantial increases in active inventory.

Then after stabilization after upgrades we began to sell (usually in the form similar but different than a RTO)  the homes off to tenants.

(and I have full time job so time is limited)Here’s a breakdown of my investment plan–I would greatly appreciate any guidance and recommendations on making this (or some version of this) happen.PropertyLocationAttributesB-level areas (A-D scale)Safe enough for my girlfriend to feel generally safe walking alone in the eveningWalkable neighborhood / close to transit (car ownership not necessary to live there)Area(s) of interest (not set in stone)Jersey City areaConditionB or C-level (A-D scale)Semi-distressed with potential for minor rehab upgrades ($35k max)DealbreakersFoundational issues / big required rehab due to FHA 203(k) max for streamlined versionSize2-4 units (higher the better)2-4br per unit preferredMax Budget (FHA loan limits)NYCSingle-Family Home: Up to $1,089,300 + 3.5%Duplex: Up to $1,394,775 + 3.5%Triplex: Up to $1,685,850 + 3.5%Quadplex: Up to $2,095,200 + 3.5%Hudson County, NJSingle-Family Home: Up to $1,149,825 + 3.5%Duplex: Up to $1,472,250 + 3.5%Triplex: Up to $1,779,525 + 3.5%Quadplex: Up to $2,211,600 + 3.5%TimelineTitle in-hand latest: Jan-Feb 2025Can potentially buy earlier if I sublet my current apartment in NYC as needed (lease expires Mar 1, 2023)Rehab: 30-45 days max of minor rehab/renoMove-in: on or before Mar 1, 2025 (hard deadline)FinancingLoan type: FHA or FHA Streamlined 203(k) for rehab <=$35kPossible conventional loan if I seek investment from family/friendsApproval statusGoal is to get pre-approved now in advance for credibilityMy statsEmployment: Full-time at large bankIncome: low-mid 6 figuresAssets: low-mid 6 figures (including 401(k))Credit score: 800DTI: 2.5% (student loan)Thank you in advance for your support.

The low bids likely don't account for the entire scope of work required to design, permit and build an ADU, including requisite utility upgrades and other site improvements.

I paid $1'025'000 for it, then upgraded it. in summer of 2022 it was appraised for $1.15 million. now it is listed for $799k and there are no takers.I am facing a foreclosure on both of the remaining properties. 

Looking to build something straightforward, nice, with some upgrades finished, but just a basic residential building.

The major factors like the roof, furnace, plumbing, electrical upgrades, and foundation repairs are all examples of costly expenses you'll want to inspect before closing the deal.

For a BRRRR it should cash flow about $300 monthly, and as a all cash rental about $600 monthly, and both of those were with more upgrades than really necessary for the house because I wanted to way over budget the repairs, because I'd rather over budget and be happy that I'm under than go way over. 

Utilities, site upgrades, engineering?