If they let you move it out of the park then they will incur much greater expense to fill the space again and also lose money due to lost space rent while it is vacant.If it were my park I would do the same thing. 

Great book and I learned a lot in understanding the process of how rehabs are priced and all possible work to consider... but I still feel pretty lost as far as pricing and ranges, especially in an expensive market like Los Angeles.

Since I usually find these poor souls wondering and wandering in the land of the lost, the next frown I see come over them is the realization that they just don’t have the money required to start.

What if you did two such deals in a row and they lost money?

I'm amazed at how much energy, time and money people spend trying to capitalize on a very very very small percentage of loans that got "Lost" thinking they are gonna get a free house.

Looks like I’ve lost about $8k from this deal to only cash flow a few bucks.

I have had client submit offers for personal homes that were $50K over and still lost, but the areas are very hot (Central, etc).It also depends on WHAT you want to do with the properties.

I went to my first foreclosure auction last week, and even though I lost by a few thousand, I was confident in my numbers.

I told him "if he starts off this way, some day you ask him to keep his sidewalk clean or you'll be in trouble with the city, he'll probably tell you to get lost.

But I haven't lost money yet.