As Charles said, I would only allow extremely minor repairs like replacing dead light bulbs. 

(if you mix altruism with profit it will probably dead end, playing the profit angle only is probably a better solution to making it happen, and making a profit from it)Also, a bunch of people who do not understand the cultural dynamics of the people who live in "Lower Socioeconomic Areas" trying to go in and do this will probably not be as effective as would those with "Experience" in dealing with people in who live in the area.Good Luck!

Lo and behold we got under contract at 213k with 5.5k concessions meaning....my 207k amateur estimate was pretty much dead on. 

Are there times where you were just dead wrong and it made a “good deal” a “bad deal”?

I knew the rental market very well and was dead on with rent demand.

a large 2 bedroom 2 story on a quiet dead end street with full basement and half an acre fenced in yard for cookouts or kids to play in .

He then called an urgent meeting and CC'd all the subcontractors with a punchlist that included replacing dead trees.

If you are going to ask for a lower asking price in my opinion it needs to be made up in some other way unless you're in a dead market and the property is getting no attention.

At first I was dead set on Philadelphia, as I know a couple of people flipping houses down there, but the distance and lack of local knowledge made me hesitant.

Several assaults with a deadly weapon, one even with a firearm:Average rent for a 3 bedroom in the area is $1,300 but since it's close to the Med Center and remodeled you might get lucky with an employee there and be able to press it closer to $1,500.What does your financing look like?