I have very little skill myself in doing fix up projects. 

You need to know the full cost of purchasing and fixing up this motel to see if the project would be profitable when you do your rent analysis. 

A fully rehabbed property will need less repairs than one last fixed 30 years ago.

Instead of holding up the closing, some of the proceeds from the sale will be held in Escrow until the seller fixes the needed repairs.

Obviously someone is happy to invest their money on a fixed up property with lower cap rate. 2.

For example, once the home is complete how much are Fix n Flip groups spending to sell the home through a broker?

Could I have bought that house and did a cheap fix to it?

If they do leave, factor in the cost to remodel/fix/maintain the unit for the new tenant to come in. 

Hello everyone, I'm not an experienced investor I should say from my experience that I'm a terrible one, we owned a doublewide on a 1 acre lot in Gainesville Ga that took us a lot of work to pay off ($59,900 owner financed at 10% interest) but once we finish it we tried to rent it out and it didn't work, tenants destroyed the property so we left it alone for a few years.Two years ago I decided I was going to fix it myself and I did, it took me 1.5 years and at least 20k but once we finish it we had a bad storm in Georgia (Irma) and three trees fell on top of the house.

Real estate investors have a variety of methods to find fix/flip deals, whether it is direct mail, driving for dollars, connecting with wholesalers or realtors, or another strategy.