The "clogged toilet at 2AM" is my favorite line and the one that EVERYONE seems to know.

Especially, around the AC and where the Gas lines went into the house.

But 90% to 91% would be “good”.So the trick here is to check the market data and expect performance in line with that data.

And that sounds line a lot of work for a measly sum. 

@Brian TranAppraisers value based off size (sq ft, beds, baths, garage y/n) and also condition.So if you have a 3 bed 2 bath in “C4” condition then he will compare your 3/2 to other 3/2’s in C4 condition.Condition ratings are ridiculously subjective in my experience.

I cant really give out the address quite yet, but it's on the NE side of town, 860sf, 2 bed 1 bath.

I think I have minimized my risk by purchasing it out right and then testing the market for what the property will rent for to further prove my numbers for purchasing additional houses in the area.Once it is rented I am going to work on either refinancing or getting a line of credit for the purchase of the next house.Hope this helps any new investors who commented on my thread. 

In the mean time you lined up another buyer for $32k and tried to find fault with him and the terms to nullify the contract.  

I want to convert that attic to a master bed with stairs access from backyard.

Bill Peterman from Chester, NYposted about 18 hours agoHello,I'm starting to analyze a few possible deals and this is one I just came across. 2 bed/1 bath upstairs currently renting for $675 however, this is way below market and I can easily get $1200/month.