I hope to meet other like minds and gain awesome relationships with the BP community, and put my analytical skills to use. 

Since I know the roof will need to be torn off and replaced, and possibly the interior framing and drywalling, and plumbing and electric will need to be redone, and I'm familiar with housing values in the neighborhood (all except 1 under $100,000, but this house is the smallest in the neighborhood), I would not bid more than $15,000 under any circumstances, but I'm fairly sure that some fool will bid more and be stuck with something that he cannot afford to repair.On the other hand, I can afford to repair it, especially as my significant other is a carpenter and has a skilled crew on-hand.I'm trying to determine the pros and cons of reporting the house to code enforcement. 1.

The ability to increase your sales or income will be skills you need in REI.Fourth, keep studying RE. 

I have probably below average drywall finishing skills and as a result, I have walls that could look a bit better.My conclusion is this:  If the wall paper peels off very easily and in very large sheets after soaking it down, then just proceed to do it that way. 

His skills include plumbing, electrical, and AC repairs, along with general construction.  

I spent most of my time honing my skills buying, renovating and selling my own personal properties.

If you can't offer any particular skill, the only other option is money.

Sometimes a rehabber will take on a project because they wish to expand their skill sets and will do so if there is less profit than they would generally expect.

I have the skills to rehab and the possibilty of positive cash flow on a rental looks promising.

With NPN investing, the investor is voluntarily entering a difficult situation.However, as explained by @Mike Hartzog and reiterated by @Wayne Snell, if the initial intention is to come to a conclusion that is mutually beneficial to both the investor AND the mortgagor, I think that the moral issue does not apply, and a the mortgagor who is unwilling to compromise is probably the kind of person who doesn't feel bad about failing to meet their obligations anyway (and therefore deserves no consideration in return).