I'm still pretty green at this but I'm trying to be as effective as possible.

That is, if they didn't eat the entire place before closing. 

Only absolutely green and dumb agents would show someone around that has no money.. so it would be the blind leading the blind and your both deserve each other.that said..

Love paneling , add some lime green and orange shag carpeting  ( the real long stuff) , throw up a couple velvet Elvis paintings , lava lamps , and a black light and that place will sell quick.  

Thanks for the education, you can see I am green to all this but eager to learn.

s in regards to wholesaling in a smaller market (green bay, wi).

Profit is derived from sold price minus expenses, so if the development costs inflate and or the sold price reduced, you eat into profits and that is not affected by the LTV.

When a contractor bids a job, he adds a percentage to the job to cover the small setbacks and over-runs, but problems can be encountered that can eat the cushion up in a hurry.

I can see getting something better for appreciation value, but it seems like the hold time would eat away at that value because you'd have negative cashflow each month.

Will Wiest Vacancy and repairs will eat up 15%-20% of your gross - I promise.