Limitless Real Estate Group LLC - Property ManagementWe handle every aspect of realty management - General maintenance and upkeep- Demo and rehab construction- Lease processing and renewals - Tenant selection- Screenings, background checks, deposit collections and lease agreements- Property repairs- Rent collection

We just had to cover utilities, repairs etc.

I'd ask for $20k and see how they respond @Michael BoyleEven with the seller credit, you'll still have to pay out of pocket for the repair...so maybe consider a backup plan...I'd rather have cash than the credit...have the seller take the full proceeds and write you a check for $10k at closing...good luck! 

I was hoping to increase the purchase price to the appraised value and request a $11k credit for repairs.

Where I have family/friends that would be willing to manage my properties and do repair work for me.

We found out the pictures he sent of the outside were the actual home, but the inside pictures were not of the same home.Mr Miller became harder and harder to contact and before we knew it his phone had been disconnected.

Get a VERY thorough inspection of the building done to estimate future repairs. 

From fully automated Kiosks (an ATM looking thing that rents the unit, sets up auto billing on tenants bank or credit card, dispenses a lock if the new tenant wants to buy one etc), to smart phone Apps that do the same thing (except vend a lock) to 24 hour USA based call centers that will manage the business and rent the units for those customers who want a human to talk to (and the Kiosk software, smarphone App software, and call center sofware can all be seemlessly integrated within your business management software.

I can answer phone calls and pre-screen or I can visit the sellers with contracts in hand and expect me to close them.. 

I found a deal for a fix and flip.  I am wanting to do 90% of the work myself to save reno costs.  For capital gains taxes, how can I charge my personal time to the cost for renovation?Ex.  ARV - $161kReno-$16k (if co...