We cannot decide which would be the better resale for us per the bedrooms and bathrooms. 

Turn on every light in the house and go take a 4 hour shower (in her bathroom of course). 

He renovated a bathroom and repaired drywall for me.

New plumbing, new bathrooms, flooring, tree removal, new porch and columns, paint, impact windows, the list goes on and on. 

850K contract price.ARV=1.1M (thus REAL ARV is 0.9 to1M)1M-850K= 150K ( I call this number the Rookie Profit , RP)THis is the rookie profit because all the rookie wholeslaers think that is the profit they will make.So now we are now at 150K profit.10% of selling price goes poof on fees taxes agent fees etc. etc.That is $100KWe are now at $50K profitAnyone selling a 1,1K house for a 300K discount WILL need at least, painting, new kitchen new bathroom, and that will cost you about 30K to 40KOK so now there is 10K of profit left.Keep in mind your fee is not even taken out yet.Now who in the right mind will dish out $850K in cash to make 10K IF NOTHING GOES WRONG.Again your fee is not taken out, and most likely whom ever buys is will buy it with OPM (Other Peoples Money), that stuff costs too.I would say there is absolutely no deal to be made.Far from it.Look the best range for flips is between 100K and 230K.

However there is some deferred maintenance that that came up in the inspection that the seller opted to knock down the purchase price instead of fixing himself.The item in question is a bathroom that has significant water damage.

We had a bathroom faucet go on the blink; we called the Home Warranty Company.

We converted a den into a bedroom, added a closet to this bedroom and added bathroom to make it like a master bedroom.

In fact, just before we left out of town, the master bathroom shower when turned on leaked down to the kitchen ceiling on the next floor.

A rental bathroom and laundry room, window sills, caulk and sealant that hasn't been addressed in 10 years?