Could someone please find this for me or at least explain a good rule of thumb.

What service is he offering to justify the fee?

Play by my rules or don't play at all.....

And I understand the pro's use a general 70% rule of thumb for bidding.

With many lenders tightening up and me being on title for less than a year I just want to be able to justify the increase in price from what I paid for it.I don't want some hard-*** inspector who pretends to be a code inspector pointing things out that might not meet code but are still safe and scaring a potential buyer.

Its seems that FHA loans have some type of rule about not loaning money on flipped properties (dumb I know).

Without opening a big *** can of worms and having everybody get on their soapbox about the H-I-G-H-L-Y subjective and dubious "50% rule", the answer to your question is....it depends.a) What is your strategy?

Let’s say I die when I’m old and have an estate worth millions of dollars: 1) What service have my children provided that justifies such a substantial compensation?

At least then, you will have fixed this by yourself and can claim that you made it right as soon as you realized it was against the HUD rules.

If so, you can deduct up to $25,000/year in passive losses under the "special allowance" rule.