While there are some hard headed types that are all about their rights, in reality unless you have deep pockets it's better to retreat and live for another day!

You're either confirming the inflated number in their head and inviting suspicion when they figure out "what you're going to make" on the deal, or you're challenging their reality and forcing them to defend their mistake.

Brian has hit the nail on the head!

Even the way you market can get yourself in trouble so I recommend heading off potential trouble by getting experienced help with this.

I have struggled to wrap my head around this question for a while.

@Richard Gaston Yea I've been through almost all the flip2freedom podcasts and am now heading into the BP podcasts.

To me as an aspiring flipper, 100 in a year seems like enough to make my head spin!

From my short experience in the insurance industry (5 years), we had a guy that hit some one while drunk (2nd (alleged) DWI accident), another fell asleep at the wheel and hit some one head on, some one hit a full school bus that sent everyone to the hospital, some one flip a car and a passenger fell out of the sun roof and the car landed on them.

I can certainly tell you that it has me scratching my head, leaving a giant question mark hovering over me jeje.

Nobody cares about a vision statement except you, and you seem to have a good idea where you're heading so its served its purpose.