I can also see continued education required.Place your bets!

I bet you will find expenses higher than stated ( will be 50 to 60% instead of 44) and you will find deferred CAPEX that needs immediate attention (probably in the few tens of thousands or more total.If going rate is a 10 cap then to resell to a buy and hold investor for an already stabilized property I would price it at an 11 cap.An 11 cap is 200,000.

And unless you've got a ton of cash to finance these opportunities, your best bet in such a short funding timeframe is to obtain a hard money loan.In many cases, particularly in the case of short sales or foreclosures that banks are looking to liquidate before years end, sellers want to move quickly.

I would also bet they would have done a much a much better job if I did this but I don't have time for that.

Staying at or within a couple hundred dollars a month of Sec 8 schedules will be a safe bet, usually goes up to 4-5 bedroom rents. :)

Physical real estate or Virtual real estate?

I bet you'll enjoy it here!

I would be willing to hold the property betting on appreciation in this case.

A walk through will be evident as black mold will be noticeable right away by smell, visible, or physical symptoms (hard to breathe, headache, etc). 

So I'm betting there is no deal or it wont go through, and this is just a tactic to get me to go up closer to asking at $129k which wont work.