You need to have a security deposit that would motivate someone to leave the unit in decent condition and leave timely.

Find out what the seller's motivation is.

Looking for my first deal, have a motivated seller with a house that needs a full rehab BUT it sits approximately 350 yards from a highway.

Hi everyone,This is a listing I have had for some time and the seller has recently become very motivated.  

I currently own one home that I’m house hacking, and want to continue to pick up homes with owner occupied financing as time and money permits, but also want to get into bigger deals with more units.Thank youIt starts with a motivated or patient seller.

This is an incredible market to buy into but not without challenges.

Also, getting any property in Petworth for that price now is incredible. 

I would tend to agree with @Dan Heuschele, unless you are incredibly confident about your team, it is way better to make 10-15k in an assignment fee than losing 40-50k in a flip that went sideways.

Please feel free to reach out if you need some motivation or want to connect! 

Louis, it would be a $675 difference before the split and expenses being taken out.The agent is much more motivated to get you the best deal so that you will use them again in the future and, more importantly, refer them to your friends and family.