This is a great time to pick their brain. 

I guess I am finding difficult finding a way to handle people that call and say "I received your postcard and I was just wanting to know how much would you pay for my house....I know the market is picking up" I am wondering if there is a flat formula to use to quote him a price and then see if they are motivated enough to move forward or if I just should just refer them to a realtor right there in there...sorry about the many questions but the three leads I have gotten were all about seeing how much you would pay for my house not real motivation.

In my opinion both they and New Western inflate their ARV's and cherry pick comps to support them.

For them it typically is about bringing something old back to life and recreating what life would have looked like back then etc.      

Now I call and he doesn't pick up or return  messages. 

Great way to pick up some good info and possibly a deal.You can also search NARPM.org for the RMP (Residential Management Professional) and MPM (Master Property Manager) certified.Download BP’s newest book here some good due diligence in Chapter 10.

We put it up for sale on Craigslist for $300 a couple days ago and had someone pick it up today and buy it for $250.That made mew think that with all of the active investors we have here on BP, some of you must have some cool or not so cool "treasures" you uncovered while rehabbing homes. 

When a buyer sees one item then they will start to really pick things apart looking for more flaws.

Problem is I doubt I can pick it up because I don't have admin rights yet.

@Gustavo PerezI listen to a lot of audiobooks and have several close friends in property investment and management so I try to pick their brain every chance I get.