The client specifically told me he wants in excess of 20k down to make it worthwhile to hold a note.

I'm looking to get a property that requires a covenant to build the second unit (part f why I want it), yet to make the deal worth while to my partner I need it to be a rental.

Or a referral from a friend or...I mean some leads are more worthwhile than others, but still it doesn't seem like you much want to be a realtor.

Worthwhile to try and talk to her about it before the court date?

After getting some info from them and getting some comps I determine that the ARV is 200K with 20K in repair costs.I offer them 100K (50% of the ARV) and they accept it.Now I'm going to try and find a buyer for it at 60% ARV.200K x 60% = 120K120K - 20K = 100KObviously these numbers don't work since I'd be breaking even.In order to make this deal worth while I'd either have to:1) Offer the seller less than 50% of the ARV.2) Try to find a buyer who will pay more than 60% ARV.How likely is it that a seller will take less than 50% of ARV?

I do not believe I have found a worthwhile deal yet, so I am staying put till I get 75-100 dollars a door using the 50% rule.

Is it worthwhile?

I was looking for others to comment on the fact that it is or is not (in their opinion), worthwhile to spend $ on professional services when getting started inorder to prevent costly mistakes, be them legal, financial, or other.

Those things may be worthwhile for you.

I'm like you, Bryan, I've heard there have been cases where the audit made a loan go away, but nothing more.Further, to really show these are worthwhile, you'd need data of all the attempts and their outcomes.