They see median home prices running $600K or so, and those are influenced by all these cool developers ripping out the old and put up brand new crazy-gorgeous glamorous homes -- literally million dollar homes in some cases.There are several houses in that area, very similar, same everything, that have been fixed up (in their current size and floor plan configuration) and flipped for around $285K or so. 

We did a little research to find out how many of our tenants have made at least partial deposits in cash and we found out 4 tenants regularly make entire payment in cash and that most of the other tenants who deposit directly to our account have made at least partial payment in cash at least once in the past year.We called a couple national banks and they have a similar policy as Wells Fargo is enacting. 

I heard of a similar case. 

Look at the RECENTLY SOLD PROPERTIES having similar layouts (number of bedrooms and bathrooms) that are within a reasonable radius, of the Subject Property.

The price will be driven by the number of fixtures and lengths of runs of piping, but I just can't imagine it costing it anywhere near $30 to $40k.For a similar project for me in Kansas City, re-plumbing new water supply lines would be <$10k.I think big risk is how much water damage, mold remediation, drywall patching, insulation, framing & other finishes needs to be replaced?

I’m curious peoples thoughts on structuring a deal this way:Assuming that the numbers are good here is how I’m looking at structuring the deal with the seller:Property 1: $90,000Property 2: $90,000Property 3: $1My reasoning would be to get mortgages on the full value of the 2 houses then be able to refinance property 3 for a similar amount in order to fully leverage the properties.Here are the downsides that my accountant has identified:1.

as far as i considered, just go through eviction process  and get the house cleaned up and rented out again.Is there anyone out there have similar situation happened before want to share, that would be great. we are in KS.Thanks

It's not an investor fee, it's a doc fee that it charged by the broker to maintain your transaction files for a period of years set by the state, or something similar.

So your suggestion means something similar to what I explained, only a different name for it and less government regulation?

Also I am an agent in another state as well so anything I say may be of zero use to anyone and should be treated with similar value as one would take from a fortune cookie, a ZOLTAR machine or a magic 8 ball.That being said, was that your agent or theirs?