They are going to be difficult to achieve consistently.I suggest you also calculate how much you can deviate from that and still yield acceptable profit/cash flow.For example what if you can only buy at 70% ?

The whole system needs a major overhaul.

Raymond i thought to rent the whole house,yes looks like attic is finished with 2 BR and a half bath....

There's a whole host of questions that you need answered in order to be able to find out what best suits his needs.As far as the idea of a retainer, I've never heard of an agent doing that.

For what it's worth, we had the extra same issue last month (burst water heater on the second floor) that resulted in us doing the following to most of the first floor and about half of the second floor (total of about 1000 sf of sheetrock removed):Here is what it cost us (this is the whole project):The extra work due to the mold was about $5000.

At least I don't have to deal with a dead/electrocuted body in the backyard...

And with that, I will plug BP as probably one of the better sources of current in depth information on whole loans that I know of currently.

I feel your pain, I ran a conventional REIA but was kind of sick of the whole sales thing myself, even though that's how we made our operating budget.It takes a lot of work to find a venue willing to give you free space, that is located appropriately, and that is large enough.

the whole sewer line out to the street?

Greg, no.1 looks too good to be the whole story.