Ironically in Lowell you do often have to over rehab a bit to move a place since there is a lot of inventory.

Inventory is ridiculously low, and even rentals are tough to find, an issue he brought up.

It's hard to find anything on the MLS in greater Orlando at a good price due to lack of inventory.

Use your commission to put in on the deal and make your offer the strongest.Most areas have some type of brokers meetings, go to them (you don't have to be a "broker", agents can go too) Get to KNOW the inventory, neighborhoods, etc.

I am a huge fan of taking a personal inventory of what you have to use at your disposal that would be to your advantage.

You also want to pay attention to past and current inventory levels.

That said, the Norfolk area seems to have a ton of inventory, but also quite a few sales.

Is FHA taking an aggressive approach to liquidating properties through the courthouse auction before they go to HUD's inventory?

Try and pick similar subdivisions with the same housing inventory/ amenities etc.

If he held it for investment as opposed to flip which would be inventory it would be ok.