What does that conversation look like?

And I adjust the expenses by removing items that are related to the seller’s financing (unless I’m assuming it) such as Amortization and Interest.

You can't comp a 6 unit apt to a single family home, unless you want to convert it and figure conversion costs.

These types of things I do point out and tell them if I have a plan to upgrade at all and what that process might look like.I feel that I do not have the time to waste to neglect items in a property not working how they should.

Conversely, since top listing agents don't have a need to split their commission with someone who referred them a deal, that I should look instead for a hungrier agent that isn't necessarily a top or established listing agent yet.

As for the home warranty, it does not cover many of the items such as water intrusion, foundation movement, rotted wood inside stucco.

You want to be part of the conversation, so demonstrate your own rationale for why the deal makes sense.Finally, providing a clear and professional presentation delivers the message that you're no amateur -- you know how deals work and you know what you're talking about.

My understanding is basis is supposed to be the LESSER of one of the below items, minus value of land:* actual costs* fair market valueOr am I wrong on this?

When you start ripping things apart, many times you will find additional items that need to be replaced.

It's a great way to network in conversations with local people.