HomeSearch.com won't give any more information, until you register and let them put a hold on your credit card for $2500 to qualify for bid.The friend also mentioned, without looking at interiors he can guarantee that this house need new paint and new carpets for sure, but he can get us better idea on rehab cost later today.Few questionsHow do you bid on this without looking at the interiors?

It's challenging trying to sell a tenant occupied property, and even more challenging when the only people talking to me are simply interested in positioning themselves for a guaranteed commission once a buyer comes along. 

I think they are out in your area but I cannot guarantee they will be a fit for what you are looking [email protected]

The investor can then say, nope, that's not the same deal, you'll need to pay me $144K to make up the difference for the tax hit I'll take on a cash sale and lost guaranteed interest income on the other offer!

I get the NOI from taking all the rental revenue and deducting property insurance, property taxes, HOA fee's, management, vacancy expense (5%-8%), maintenance (10%-20% of revenue)The bonus of all of this is the appreciation of the properties, but I don't take that under consideration yet because at this point I am a buy and hold investor and I can't guarantee the the value in 5-10 years.What is everyone's thought on this return number?

Most have an interest in selling crap property and try to fool you into thinking you are going to get some guaranteed $200 a month per door.  

If you aren't bringing in cash flow each month, all the areas for potential profit aren't guaranteed, so you only keep losing in hopes the others pan out. 

Let's have a little fun and possibly learn something about ourselves:The Green Button is a guaranteed $1M wired into your account today.The Red Button gives you a 50/50 chance at $100M being wired into your account today.Which do you choose?

But if you put in the necessary time and effort I guarantee you will see significant returns. 2.

The craftsmanship needs a little more sanding, as it was done by a tenant, desperate to get back in the house after the abatement in a market that's on fire - Denver.