Compare the profits from flipping (accessing the equity) that you could have right now, to your monthly CF (total).How long would it take your cash flow to equal your equity?

We have a guy here in our area that will go out and inspect for you prior to purchase and he only charges $100.  

Price point very attractive at 80k ( compare to 120k for houses close by).

Repellents containing DEET (N,N-diethyl-meta-toluamide) typically used as mosquito repellents are also labeled for use against no-see-ums and can be applied prior to exposure to the biting midges.

I am sure the electrical needs upgrading and I will need to add a bathroom to make it comparable (3bd/1ba).

It uses the term “non-refundable downpayment” and the broker required down payment paid prior to “putting it under contract.”The PSA states that I cannot assign the contract to someone else and that if I don’t meet the obligations of the contract, the downpayment will be released to the assignor. 

ContactNotesHere is an example of compare between 2 lenders: Lender 1 Lender 2 What % of the ARV is leant out The lesser of Up to 70% of ARV OR 90% of Cost (purchase price + renovation budget) Up to 75% of ARV for rentals, 70% for flips What is the interest rate?

Compared to a hotel, all of them are a steal.

Most likely we will be using it to do some rehab on the house prior to selling it (if that plan sticks).

Any of the comparable properties I found were sold at $30,000, This one is in auction for approximately $41,000 right now (minimum not yet met).