You would be better off planning to do an assignment agreement so you don't cut into your profit.

It seems too high based on what I have read here but I don't know what all to cut out.Title Insurance plus Binder Fee - $74Wood Infestation Report -           $100Appraisal Fee (wtf)                       $425Title Search Fee                           $175Attorney Fee/Title Examination    $500-650Deed Recording                           $57State Tax                                     $82Total is $1,562 which is much higher than the $500-$600 I see quoted around here.

Depending on how much the profit is, there should be communication between yourself and the realtor as to the percentage they are looking for, or if they are even looking to get a cut from you.

But more often than not, it is cheaper and easier for landlords to just cut their losses and move on to find a good tenant who pays.

Originally posted by @Max Tanenbaum:Bring your German shepherd  Scruffy at Applebees "I have a tab and will cut you off in a heartbeat!"

Not bad.Until a buyer walks in and sees poor cut-ins, streaks, uneven applications, etc., and they decide that because of the quality the house is worth more than $2000 less than market value...And, if you can teach someone to paint like a professional in an hour, you could be making a lot more money teaching than flipping houses! 

If they come to you with MONEY AND ARE WILLING to put a workout payment plan in place, you can hold off on the evictions.I sometimes offer to cut much of the past due balance from prior ownership if they can bring money right away.Most of them will probably need to be evicted.

Solid doors look better if you need to cut them to fit if not made custom. 

He can cut the learning curve down and help you from making rookie mistakes.

Granted if you are also paying someone to do it then that might cut into your budget alot.