Now that I have my 4 little green houses I'll be looking to trade up to my red hotel.  

- Budget- Permits- Foundation- Demolition- Framing - Windows and Doors- Roofing- Exterior Siding- HVAC Rough-In- Plumbing Rough-In- Electrical Rough-In- Structured Wiring Rough-In (Internet, Ethernet, Coax, Speakers, etc)- Insulation Batts- Framing Punchout (misc framing needed to account previous trades cutting holes and maybe needing soffits due to hvac or plumbing)- Drywall (Hang, Tape, Skim, and Sand)- Insulation Blow-In (if needed)- Trim (Base, Case, Crown, Kitchen Cabinets, Vanities, Etc)- 1st Paint- Granite Templating- Ceramics / Tile- Vinyl- HVAC Final- Electrical Final- Hardwood Flooring- Plumbing Final- Structured Wiring Final- Install Granite- First Clean (clean up all bathrooms and kitchens)- Drywall Point Up (takes care of all over cuts or mis-cuts from above contractors)- 2nd Paint- Carpet- Drywall Blue Tape- Paint Touch Up- Final Clean (remove hardwood floor coverings and plastic on the carpets)- Punchout (your guy to do the grout caulking, door adjusting, fine tuning)

I always pick up tons of amazing tips and tricks of the trade when i go. 

But again he is a huge single hitter and not swinging for the fences. 

Likely the condenser failed and the good coil was pulled and sold or traded.

A 40k swing in comps is too wide of a range.

I don’t see a contractors license on file with any of their trade names in DPOR either, although they promote being able to handle large contracting jobs. 

For anyone who is willing to do the research and put in the time, foreclosure auctions is definitely the place to find "home run" deals...My only point was that REOs can still be great deals too...at least where I live and in my experience...and because they are much easier to purchase, they're a good option for people who don't want to invest the time/energy into courthouse auctions.I have absolutely no problem finding great deals just buying REOs (in my area), but the guys around here who are good at buying on the courthouse steps probably make twice as much profit on each purchase they make than I do with REOs.The trade-off is time, energy and risk, but the profit potential is certainly larger for auction purchases...

Sounds like you have hit the Penthouse, you should be conscious of and not trade your time for money.

That would be an easier pitch then trying to get a seller to trade equity they need for their next home for a note.I get letters from local companies constantly for my notes so I am assuming they look at the county records to cross reference material to send me ads.