I have 3 residential loans and 18 commercial loans and I still make sure my taxes reflect a profit.

The unfortunate math that most forget to calculate... those construction costs that @Marcus Auerbach reflect renovation work too;  just becuase your unit rents for under $1 / sq ft doesn't mean your paint, carpet or finishes cost any less. 

We ended up with the design below:(Note: The final cabinet layout may not be reflected accurately here, but the general layout is the same)Construction PhaseWe started the construction phase early June.

It accurately reflects their experiences with consumer credit.

The very best forms for renting single family or multifamily properties can be found at http://www.taa.org/The Texas Apartment Association.Their legal eagles monitor legisltation for rentals constantly then update the forms to reflect the new rules.There are a lot of requirements for what can and cannot be in a Texas rental contract.  

But I would never put a price on the repairs or provide the ARV.I think the frustration we see in these threads is the mistaken idea that wholesalers should be offering discounts that aren't reflected in the rest of the biz.  

The issue that they have is that there credit is horrible and they filed for bankruptcy chapter 13 and it obviously reflects on their credit even though they did not go all the way through with it and ended up paying off some of their debits.

None of that reflects in the numbers I shared, though, so that is why I said it looks good.

You will also need to provide documents that will reflect the change of ownership and how to pay rent.

As an owner occupant bidder, can you adjust your bid during the inspection period to reflect the cost of any repairs?