Tevell Investments then assigns or sells the house via double closing to the end buyer for $60,000 and gets paid the spread/profit at closing.

You'll get bigger spreads than wholesaling on the mainland, in most cases, and you'll still require the same amount of your own capital -->> zero.If you have buyers that look for deals in an area, then it's fair game, in my opinion.

I'm interested in the spread between purchase price (only considering properties over 40% below market price) and ARV after a cosmetic fix up.

Collect rent pay the monthly mortgage and keep the spread as income

A two point spread would over $1k back in my pocket each month.

Is this a normal spread of values?

Tell him you're concerned for his health and would like to offer him the ability to break lease without penalty, but only if they do so in the next 30 days.Tell him you suspect that some of the...over-collecting... of personal items may in part be contributing to a lack of proper air flow in the room, also that these personal items make it very difficult to assess the entire residence for a wide spread issue. 

Make phone calls, drive for dollars, put numbers into a spread sheet, knock down a fence... whatever it is bring value to them.

I got a offer under contract yesterday I put it in about a week ago at 70% of asking price which was 129900 at the time I offered 90k but after it was accepted I looked on the bay county appraiser site and the just value was only 68k it seems like almost every deal I get now I got to cancel because they were overpriced to begin with and 70% of asking price just isn't a big enough spread what should I do?

@Larry Fried I want to start locally and then spread out but it all depends on the deal, do you recommend out of state?