I believe the DLBA offers it to the next highest bidder.One other potential scenario is the winning buyer was willing to pay ~$100,000 for this house AND they are a city employee or has a relative that is a city employee.

I actually had to get enough units where I could offer tenants multiple housing options when I purchased properties rented at way under market rates and then (an embarassing number of times) personally watch tenants that would "suffer" from a rent increase turn down smaller (but nicer places) or  nicer places in a less prestigious zip code (sometimes only minutes away) before I realized that I was hampering my ability to earn a living in order to subsidize the lifestyle choices made by a some random stranger that happened to live in a property I bought.

I will offer them a rebate of $ 500-600 per month during the construction.I want to keep them but at the same time I cannot offer what they asked.ANY SUGGESTIONS?   

I joined the BP community to network with people who I can learn from and also to learn how to analyze deals to give me the confidence to put an offer on something that makes sense for me.

There are several turnkey companies in Memphis that offer everything in house from purchase all the way to property mgmt.

Hey Nathaniel, Columbus OH has boomed in recent years offering a strong real estate market!

They are the product that you are offering to potential customers and to existing customers.

These cards often have lower credit limits and may offer rewards or benefits tailored to first-time users.

Mark,Jordan is correct in his analysis but the problem lies in managing not to get thrown out of the seller's living room when you offer him $97,200 for his park. 

My big question is when quoting a renovation, since I don't have the experience what is the best way to come up with the right ARV so I can make the right offer.