If its the former and its still priced correctly, it will sell.

But you did the eviction part correctly, you just didn't "protect and conserve his possessions".

As correctly mentioned, the new CEO will be super aggressive.

Total Payment: $429Operating expenses: $375 ($750/2)Cash flow: -54Are my calculations correct, specifically assuming 1k for insurance?

I messed up the calculations in my first post, your calculations look correct.

Yes, you are correct... sounds like he is in not that bad of condition financially.

I know I know… It’s pretty easy to be optimistic when you are sitting in an appreciating area… But the point is this… You need to get in correctly, be prepared to make changes as you go along, have a plan “A”, and plan “B” and a plan “C”… Etc… Be flexible and be ready to change and adapt to the market changes…

Looks like both these guys may have been at least partially correct, but a fair ways off in their timing.

:lol: How do I correct this?

I would assume a sufficient amount of equity plus enough of a spread for my end buyer to make at least $20k on,even w/ my assignment fee, correct?