And honestly i know a new furnace and hot water heater were installed approx. 5 years ago. the roof is in fair condition and im not sure about the foundation.

At the moment its $149 dollars and seems like a fairly well course but wanted to get peoples opinions on it.

If you get discouraged easily or have soft skin and take doors slammed in your face personally, I would suggest another option.I am not the type to door knock, although I have done it.

I'm just talking about the deals that are fair, not great.

I have enough skin in the game that I know I will lose my money if I don't follow through on our agreement = I am motivated.As a lendor - "CYA" would be my policy.

That along with figuring in a couple different factors normally gives me a fairly good general estimate of ARV.To be more accurate, you should pull 3-5 individual comparable houses (roughly the same square footage, bed/baths, amenities, etc.) that have sold in the last 3 months (sometimes 6 months depending on your market) and figure an average sold price per square foot and then multiply that by your house's square footage.Curt, on a side note, do you find a formal appraisal to be an accurate estimate of what it will realistically sell for?

But those I know with the greatest net worth would never fall into the greedy category.Are you a greedy investor because you want a fair profit on your investment, of course not.

I am fairly new to investing and that is exciting!!!

Fair points.

My skin is crawling just from seeing it.