WE also have INTENSE competition for lots in the Portlandia market..

That approach is a little less time intensive and you can finance your deals if you have a job and good credit.  

@Derek Carroll Thanks for the advice i have made adjustments.

This analysis will provide the members with an idea of what they expect to gain at the end of the deal, and you can monitor the performance and make any adjustments if needed.

Meaning adjusted basis of 300k.

This week I:- Adjusted the seat height of the bicycle I rent to my short term renter.

wow, that was an intense remodel!

Because this is a lean deal I am thinking about one of three things: 1) do I quantify the worst case scenario and make an adjusted offer that would let me fix what needs to be done (since I don't trust his work) or 2) we give him a few more weeks to properly repair everything with a second inspection, or 3) we walk away.

The prep process was very labor intensive (knocking down high spots with a sander, filling in large cracks/gaps/gouges with cement filler, containing all the concrete dust from sanding) and laying it down took several days of fairly difficult and slightly messy work.

You will never see an appraiser giving a value for any property and then adjusting the value up because it is listed by the best broker in the area.You're getting intrinsic values mixed up with subject and object valuations. just because I'm involved in a transaction it doesn't change the value of the property.