Kenneth Futrell unless you are a master negotiater there is no value added to you trying to wholesale properties off the mls.

Hi, flat roofs keep snow, water/rain, branches and other debris on top of the house adding wear and tear to the roof, when you have an angle the snow, rain, and debris will fall down.

The city zoning has the home listed as single family, but the previous owner added in a second meter for the basement it looks like.It would be advantageous for me to have it appraised and classified as single family since it will me a lower down payment, but the lender has indicated he thinks the appraiser will say it’s multi since the basement has a kitchen.I’m unfamiliar with the specifics on this situation.

It's been 2 weeks and the kind of applications we are getting are far from ideal...bad credit scores, delinquencies, hard to figure out how much do they make (meaning self employed in some cases) are some of the issues that made me reject 4 applications so far.My property manager (who helped me buy the house) has posted the ad on all relevant websites, we have priced it at the lower end of the range at which similar homes are listed in the area, but still not happy with the applications.I would be interested to hear what folks, knowledgeable about the Austin market, think...is there more that we can do?

I'm not certain if this is universal to all Al coatings.You can also use a light/white acrylic coating - or a silicone-based coating -  to increase the reflectivity of the roof while adding an additional layer of protection/waterproofing.

I think I am better adding to my seed money through notes or organizing lease options than flipping.

My parents can bid on the house themselves, but that requires coming up with $500K in cash, which (the attorney indicated), added to their court judgment for $200K, would give them the buying power to bid up to $700K.Questions:On #1: What do we go about researching the likelihood, based on historical trends, that the house would auction for less than 700K, or 70% of market value? 

You'll have to pay for them in cash at closing, and then the escrow amount will be added to the payment, but kept separate from the mortgage.

Also there is a laundry room that he currently doesn’t charge for, I’ll be adding coin op laundry and charging a small amount. 

With this additional debt added, it could break the deal, and the seller will let the property go to auction.