It is better to have some sort of break down of the cost ( on paper) to try and persuade the owner to work in your favor and agreeing with your price.  

It would definitely help to know what I should be mindful and respectful of when approaching an agent about being a buyers rep.2) If we were working together as agent and investor, what sort of interaction and milestones would keep you interested in a continued relationship where both parties are receiving benefit, and on the flip side... what would make you want to walk away?

Despite the fact that you'd think cities like Ankeny would demand a huge premium for housing prices, I've found that you can get a much nicer house in a much nicer neighborhood that's been built far more recently for $200,000 or so than what that same money can buy in Newton - and that's sort of peculiar to me.  

I'm ready to plant down anywhere that cash flows are strong (and there's not extreme racism – I'm dark skinned).Goal is to achieve the 2% rule or maybe even better.Here's how I plan to find such areas:1. 

I sort my mail over a trash can and pitch most everything.Though to be successfully, you need to do it steady, and spend 1 or 2 thousand a month, something that is hard if you are just getting started. 

He's open to any sort of deal and wants to save his credit. 

What sorts of CAP rates are you getting after the 'conversions'? 

You talk about getting ripped off.. just take your plane into a bad shop for an annual that your expecting to be 6 to 8k and you get a 50k bill.. and they won't let the plane go until you pay it... its that kind of education that is invaluable.So like here on BP all sorts of great info.. and many folks just trying to find their way in the industry..

This includes a steam clean of the carpets ; sort of sets the standards for teh tenants when they move in

And I would only flip upper end condos, I've seen several people get stuck with sort of middle class condos.