Based on something you stated early on that you feel he actually owes YOU money due to not keeping schedule, staining floor when you didn't want him to, rework required, etc.

And if I feel that the client will be subject to too much rework, just for the reason that they don't like the color or what not, that's a waste of my time also, i have schedules to keep, and every delay is a domino effect to the next.

Hi Biggerpockets, I'm 21 years old (Total noob to biggerpockets and RE) working as a maintenance man at a Mobile Home Company in the Southern Suburbs of Illinois.

We opened the back wall of the kitchen to allow access from different areas of the house which lost little and made it feel much larger.My take aways:Not having a limit on my AMEX comes in very handytwo 24" vanities cost a lot less than a 48" vanity and look okay when put side by sideNeighbors were so happy to have the unit updated that they came over with plants and put them in themselvesSuper thick deck paint filled in the pits in the deck so we only replaced a couple broken boardsHome Depot really has some good kitchen cabinetsA crappy carpet install can mean a lot of rework to repair baseboardsDig the window well out 6" below the bottom of the window frame and make sure the window is sealed well.  

Minor scratches and scuffs on the wood flooring were not brought up on the inspection since they are cosmetic but she’s using the inspection now to leverage us to do additional work.Also, she’s asking for everything that came up in the inspection to be completed including: minor tile repairs, attic stairs replace hinge, leak in exterior house faucet, columns with minor wood rot all be replaced on front porch, ventilation in one bathroom shower needs to be reworked or rewired, a board on the new deck be properly installed- current one is slightly bowed.Are we to give in to all her requests?

I also rework my goals and make sure the investments I make match my current goals.Mike

Is there Plumbing or electrical inside the walls that will have to be reworked or relocated?

Perhaps a rework of the loan terms to allow her to use the capital to purchase another property.No 1031.  

Will rework numbers and possibly make another offer of $100k.Ask $114,900Offer $95kDwn 20%Monthly exp:MTG: $368HOA: $256TAX: $152INS: $77Misc: $100Monthly rent: $1250Based on above annualized ROI is 18.7%Now if I assume a realistic 5% vacancy monthly rent averages $1187 for a revised ROI of 14.8%.No closing costs included included as I figure I'll deduct these from proceeds when I sell properties in 8-10 yrs.Are there other expenses I should be calculating into my models?

Over a 1 year period, I demolished the park, bought the existing home, replaced all the water system and reworked the road.