I don't worry about any profit the seller got above his bottom number.The seller wants to know that you can close and that the deal is not a stretch for your finances. 

May your bottom line always be above the water line!

Yes, all the areas mentioned previously are good, but you can spend $3k-$100k on a kitchen for example ... just want to make sure you don't put the $100k kitchen in a neighborhood of $3k kitchens, or visa versa :) Selecting the correct level and type of finishes is every bit as important to your bottom line as is which areas of the house you focus on.

And bottom line if the people you bought it from have no money then what ?

Bottom line my lesson learnt was to do things properly, by the book and with proper paperwork so as to avoid getting picked apart by anybody if court action is required.

Buying an apartment at $2mm at the bottom of the market with 80%LTV and a 2.0 DSCR2.

Those unexpected expenses can wreak havoc with your monthly cash flow and can be devastating to your bottom line if you haven’t planned for them.

BIPOAQNSTAGNHI (great price right now) MAIN (great price right now) I loaded up near the bottom and already up 30%.

Bottom line, it may be an affordable option vs. modular or stick built (custom home) which have become unaffordable for many.

So at the bottom of the down turn, house A is now $186,300.