i work in the greater New York area were my interest are Listing Properties as well as Investing and everything else between including Networking.

Your vacancy expense could be quite significant and consume all of your profit and even get into your principal.

My hobbies include yelling at the TV while watching sports and popping bubble wrap.

Even at an appraisal of $300k*, you would only qualify for $210k total, which is less than you have into it (including current borrowings).

This is including MEP work being completed, but no upgraded finishes at all. 

(www.realestateexpress.com) I'm in Southern California also (Pasadena) so my road to licensure includes three 45hr college level pre-license online classes (California Real Estate Principles, California Real Estate Practice, and California Real Estate Finance).

We have used various methods to save up for down-payment funds: we set aside pay raises instead of consuming them, re-enlistment bonus sums, tax-free income from deployments, an inheritance check, the tax-free savings account while deployed...And so forth.  

One of the pieces of work included was a complete rewiring of the house to remove the active knob & tube system.

However, I have the price appreciations and I have included them below:Those cities have seen some massive price appreciations.Best,Brad

Therefore, any offer price you make would include the realtors fees with the Owner and likely the leftovers that would have gone to the buyer's agent.