I started tracking the offers we’ve put in to go back and see what the places end up selling for compared to what I was willing to pay.

That's pretty expensive compared to traditional decking and I don't think you will see a return on your expense.

It's based on comparable sales - what someone was willing to pay (and actually did within no more that 180 days; 30 - 60 days is preferred) for a property that is comparable to the one you're considering. 

You can often get houses like these at a pretty substantial discount compared to the flips that have freshly painted agreeable grey walls and laminate floors.

First off, I am in KY, which I think is currently tied in 2nd place for lowest cost of living in the country, so my expenses are very low, for example compared to North Dakota.

Comps in the area are much higher with comparable homes selling around $450k with same square footage.

3 - If you sold, and had $80k to work with, and used it as 20% DP's on similar properties (that would be 2 properties), how much cash flow would you be getting...compared to above?

When you call for inspections the inspectors check on your developers license if you don't have one they report you to the CCB you get a form letter pay your 1k fine get your license and don't do it again.ON the selling real estate you don't own in this state the civil penalties are quite harsh..

You can let them know that your goal is to get it rented ASAP and that will get them off the hook for added rent when it vacant....so their cooperation would be greatly beneficial to both sidesIf its a good tenant and they are leaving for a reasonable cause, I try not to be too harsh.....make arrangements to get it ready to go ASAP and move on...

Make sure you know what comparable properties are selling for, and what renovations are necessary to get top dollar.