I did not use an agent to place this offer, I ordinarily would but my one man entity broker is currently unavailable.5. all cash deal6. fix and flip deal, I will be gutting the property, down to studs for rehabMy comments:In reference to #2 I will be restructuring the deal to address this for multiple reasons, 1 is I am interested in getting rid of the tenants as soon as possible, 2 is don't want any lingering "due outs" after closing and possession of the property.

I look at the house with a contractor and it's going to need an easy $50-$60k to dress it up, fix foundation and asbestos issues, among other things and at best you might get $1,900 gross rent each month. 

After fixing/flipping and writing notes on half a dozen mobile homes, we finally have our first non-payer. 

My long term goal is to buy and hold, but I'm not against fix and flips. 

I say lowball offer because these REOs all look at market value... trying to find fix/flip deal... no strategy yet

Sorry, trying to fix the inbox and will respond.Cheers.

I split time between Vegas and Portland and both of those markets are what I consider very difficult for the fix and flipper. 

Hello, I recently graduated with a degree in Finance and Real Estate which gave me a lot of experience as far as understanding the numbers, finance, and business side of real estate but I do not have much "hands on" experience as far as fixing appliances, home ownership (I've rented up until now), etc. 

We are likely going to fix and flip a couple SFH's to start, and then buy and hold moving forward (all depends on the deal and location of homes though).

I fixed her fence and roof for her because I felt badly about her loss (I had tools and material out there anyway to remodel my building).