It's basically if there's something major discovered in inspection (and found during inspection period) you can just walk away.

I used a MS program called Visio - it's a VERY basic cad-like program.

Realtor.com, Trulia, and Zillow also work for basic searching, although I've found Zillow doesn't always have the newest information.

Ideally you want a property that, if you put $0 down still had a positive cashflow, otherwise you are basically just buying cashflow with your downpayment.

We are also working on seller financing for part of the cost to lessen the amount needed to hit 20% as we don’t think it makes sense to pay PMI here. basically thinking ill make monthly payments to them over the next 2 years.

Purchase price: $13,100 Cash invested: $30,000 Sale price: $79,900 This was my first fix and flip, The house was in complete disrepair, it was gutted to the studs, spray foamed, new electrical & plumbing. replaced the water heater and furnace with new high efficient models, new drywall & siding, porches, basically the whole house besides the roof and studs.

The new regulations were presented and then multiple people spoke both for and against it - those against basically wanted to see it tweaked but weren't against the overall regulation. 

Other than the basics of introducing myself and presenting the intent, is there anything else you would include to gain the desired attention?

I had really bad sticker shock with this property when we reached out to contractors for basic repairs and decided to take it all on myself, which was a big mistake in hindsight since I missed the Spring buying fever and we lost some of the value on the property.

View reportFirst time using this tool, im trying to decided if I should present this deal as a flip or because of the set up of the house its basically a duplex should I present this deal as a rental ?