TBD, based on the giant economic experiment we are in to know for sure if a pullback in the market would be big enough/long enough for investors to be better off sitting on the sidelines rather than purchasing now and riding the coat tails of institutions that are still gobbling up properties. 

If the roof will cost you $7500 then you put every penny into reserve fund until you have 10k saved.

In lower end rentals I suppose you could use 1 top coat of Sherwin Williams 200 and it would look good enough. 2 coats of cheap would still cover better.

Lets also pretend this seller is very motivated and willing to get out of the house for the amount he owes the bank and not a penny more, 110k Even though the house is "valued" at 180-200K this would still be a bad deal unless I could rent the thing for 2K?

Without proper DD, most take someone else's treasure, trade copper for brass, paying interest on the copper the whole time.

Leadpages is mainly for the capture of leads versus sometimes focusing more on the brand which is what's important these days.Just to answer your question bro, I think it's worth every single penny that you will pay for it.

It boggles my mind how people on this site want to buy properties at 70% of ARV minus repairs while at the same time wanting to make sure the home owner gets ever penny a house is worth.

I was thinking to myself that it's just a pot stock like all the others, possibly even one of the overblown MJ penny stocks that were getting hyped up.

There are some exceptions like copper and cabinets/appliances (if they're new and still in good condition, but I doubt that'll be the case in a place like this).

@Russell Brazil So the current owner inherited it and repainted the inside with a fresh coat of paint.