Later, I was also in non-profits, with gut rehab to new construction, developments but not fair to compare with an individual flip, drew a salary, fees and benefits.

Bill Gulley, thanks for your insight...very thorough postLots of points to respond to, I'll address each one individually...

A bank can make a combination of loans, for acquisition, rehab, bridge loan and an end loan each with less expense than doing a series of financing elsewhere individually.

I was very surprised by this, since what I read indicated that the lack of conventional financing is what allows you to buy a these homes for so cheap.

He has indicated in email that he "looks forward to . . " my eviction process!

By IRA you mean Individual Retirement Acct.?

Aside from the refinancing, and depending on the location, they'll probably be worth more as individual units that could be sold to owner occupants.

Hvac, individual or chillers, when replaced.

This will give you some indication of the demand.

For Fannie financed offers, I've had a similar experience - even for properties sitting for months, I've immediately received "highest and best request" within a few hours, indicating "multiple offer situation".