He says they are both 850 square feet, 2 bed and 1 bath.

They weren't very response and dragged their feet putting paperwork together and were terrible at communicating with me.In my market I have to be able to have contracts and other paperwork done quickly for rapid settlements.Any DC investors care to share or recommend a good investor friendly RE lawyer or firm?

Then he tells me the flip side , I could have a perfect house pass , within 2 feet of an abandoned house with paint chips falling off on a common sidewalk .

Getting rid of the living space that was once a garage will reduce your ARV because you will be losing livable square footage.

You want a pretty big final draw because they like to drag their feet on all the stupid little stuff at the end.

Basic Stainless Steel Appliance Package: $2,500 (frig, stove/oven combo, vent hood, dishwasher, with labor to install - we do not include microwave)New Roof: $4,000 (new tin roof - prices vary greatly depending on # of squares area on the roof)New Carpet: $2,000 (includes new pad with aprox. carpeted area of about 1000 sq. ft.)Bathroom Remodel: $2,500 (new ceramic tile shower stall, new ceramic tile flooring, new vanity, mirror, light fixtures, sink, and faucet fixture)Paint Interior: $3,000 (includes painting and some general drywall/finishing prep work)New Vinyl Siding: $3,500 (covering existing cladding with vinyl siding)Paint Exterior: $2,000 (2 coats of exterior paint, minimal prep work)All of these are VERY basic estimates based on a house with 1400 square feet of total interior space.

I'm sure you are aware they would sell for less per square foot than a stand alone.Without money, the way that people make money in development is they find deals that are broken in some way.

Looking forward to attending REI clubs soon to meet some of these great people so I can learn more and finally get my feet wet.

I have a commercial building with approximately 50,000 sq feet available.

If their financing fell through for some reason, would we just be back to square one except for me being a few thousand dollars richer for the assignment?