I have spent a lot of time in Springfield!

Hey @Rick Lin, You understand the general concept and that's great.

If 2,000 Is spent per unit and 1 month is lost for releasing and turn that is about 2,600 lost.

So the broker/agent has to weigh time spent with the reality a property can be found and purchased the buyer Is wanting.

If you're at the end of the process and spent a good amount of time on it then maybe $100 is not enough, but if (somehow) you know right off the back that it won't work I wouldn't ask more than $100...

I spent nearly 4 months, looking at nearly 1000 houses and completed well over 200 pro formas before I made my first purchase in a new market.  

I have spent hours & hours fixing shredded woodwork, ripping out pee-rotted drywall, filling holes in the yard, cleaning carpets, etc.

If you have spent your last dollar buying rentals on margin, you will eventually get screwed. 

You could have easily spent that amount of money on listening to "gurus" for days on end - and not have much to show for it other than books and DVD's.

No, you won't be able to get the up front costs you've spent from the sellers.