The high dollar cost causes many newbies to value shop for their education and end up paying a smaller fee for inferior information.

Including, inferior loans, taxes, etc.

You may find that sometimes the prices differ dramatically, not because of inferior materials or labor, but because one contractor is using a different approach to the job.

So if you have to apply two coats because of an inferior watered down paint then the cost just doubled in time and the added paint needed to get the job done.

The party that has to defend the cause of action is likely in an inferior position if there is a disagreement that would prompt a suit.

I am not sure what you question is regarding 70% off.Subject property in average condition seems to be pretty inferior to Sale 2.

Demand will be strong at this price point as the competition will be significantly inferior quality.24 unit complex (4 buildings x 6 - 1br units) built c.1978 - end of life interior but exterior structure / mechanicals appears sound.NOI forecast at 83k.Renovation budget at $375k inc contingencyPurchase price of $250kOur Bank will go to $565k @ c.4.25% for 5 years with 25 year amortization - they hold the note for the existing owner and know he is slipping into the default zone.

Why would you take an inferior return on a rental property when you could simply invest that money in a safe CD.

IMO reit's are an inferior investment to real estate.

The Mortgage lien of course is inferior to a tax lien but why wouldn't the mtg lien stay attached to the house when foreclosed on and then when the lien holder sells ban gets whats owed to them..thx,Chris