(has to wait 60 days as his friend is renting a room) He owes 300k and wants to net at least 100k min after the sale.The comps in his area show similar houses that sold for around 435k to 460k.

I bought my first house for myself in 1997, and paid $50,000 less than the neighbors on either side with similar homes,  put every cent I could lay my hands on into updating and improving it, and seven years later sold it for more than double what I paid for it.

A good house hack will allow you to live virtually for free.Use www.rentometer.com to determine rents or consult a local agent or property manager.Finally, pick up a copy of Multi-Family Millions by Dave Lindahl.Good luck!

We do not get copies of the steps along the way (i.e. when a department sends the plans back to the architect for changes, etc). 

Turnkey properties are sold by operators looking to make a profit.

Property sold at auction for $45k.

They sold..?

If you are worried there might be issues with them vacating, make sure to leave a copy on their door, email them, and send a copy via certified mail.

They are usually sold in $1,000,000 increments. 

You mostly want someone familiar with Virginia and New York tax laws so that they will know there is an issue when the states' tax laws are not in conformity with the federal rules.Virginia does have an "Other State Tax Credit"; they require that you provide attach a copy of the other state's tax return to your Virginia tax return and then you will receive a tax credit for your payment to the other state (New York).