All these numbers are after PM so I never put more than an hour a month in building my portfolio. 

On the buyer's side, the opposite is true, so you can sell to a retail buyer that will fall in love with the property and the finishes you put in and pay more than an investor would.

There is a huge difference between renting houses and renting apartments that are smaller and I can probably name 50 things about apartments that will change your mind about the horror stories of renting.Homes are usually 2 to 3 times larger than an apartment.

In my market, where every square inch of land is in some sense desirable, you can lowball all you want if you write your own offers (no buyer's agent will take your business for long) but you will end up either buying zero properties for all your time and effort or inadvertently buying a liability rather than an asset 99% of the time. 

In some cases 10%.I have borrowers who do exhaustive inspection searches on their own before they're even negotiating much else.   

Just make sure you understand a BPO is nothing more than an opinion that hinges on nothing.  

If you have exhausted yourself with these first three steps and you still have 2 or more markets that look good, then make your final decision based on convenience.  

If, for example, hardwood is 50% more expensive than LVP, but only fetches 10% more than an LVP floor would, in an appraisal, I'm not sure we'd be wiling to fork out for hardwood.  

It's that simple - otherwise it would be called a hand-out rather than an investment.I doubt you will find any direct "success stories" from casual one off posts; although I bet a better result would be achieved if the question was posed - who, after buidling a relationship with someone on BP, eventually partnered on a deal together.

It is not part of the property we are purchasing (#16)After long and exhausting searches on line, it seems that the lot in between (#14) is owner-less!