Even though I was so close to list, I didn't want to break my own rules/numbers, and quit offering. 30-days later (lack of tracking on my part), the list price was reduced, below my latest offer, and was sold within the day.

Below is the picture.

This means more frequent furnace filter changes and vacuuming of electric heating devices.

You have to filter thru the chaff, but there are some sweet deals that come in.

@Eric - It would be ideal if I could get inspected and pass; however assuming the worst case scenario I'm guessing it has been renovated with minor code violations, which is why the listed price is slightly below the comps.

If he's in the bigger unit I'd say it's well below market value.

You'll be wasting your time if you talk to people that don't have 30-40% equity; even if they're motivated, they can't negotiate below what they owe...Think about the wants & needs of the people on both sides of the equation and understand how you can put them together for profit!

Look below this Window, and you will see a list of names of people that have posted in this thread.Click on the name of the person that you want notified via an email, that you responded to them.If you are a Colleague with anyone that has NOT posted in the thread, and you want them to see your post, hold down the shift key and type the first 4 letters of their First or Last Name.Then look below this Window and click on that person's name.Raymond

The info below will help you organize starting out.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

One of the suggestions was a hotel style unit that is installed in the wall, typically below a window.