Houses in close prxomity have sold for substantially more and neighborhood is an area that is in the early stages of gentrification near areas that have already seen steady growth in this area.

Also, I joined with a group of 6 persons, buying 2 of the 6 positions on the team (thus I paid 1/3rd the cost).I go to a few Fortune Builders events each year to network and learn - and they're great events with great people, both on stage and in attendance plus excellent education.

"Thank you for buying our house" Seller's are not daft or stupid...heck I bought a house from a trial attorney that makes $300/hr....I wholesaled it...during the negotiation, he ask so how much do u wanna make...i said $20K and he said subtract it and give me the rest....we did the deal....Seller's know what agents do, but they choose to call investors cos we can close fast and quick without the hassle of showings, staging, cleaning, fixing, and so on....sellers know investors are not non-profit organizations.

Currently hold a provisional license and am in the final stages of license approval.  

If anything when anew development starts prices are typically the lowest in stage zero of development.

Assuming you sell for listing, your proceeds could beSelling 500kMinus Prep, staging 10kMinus Seller concessions, closing costs 10kMinus RE commission @5% 25kNet cash = 500k - 45k = 455kSo Zillows preliminary test cash of 427 k is not far - I guess is 28k worth your aggravation of open house, scheduling the repairs and waiting for a conventional customer to close.

I remember visiting all types of homes but the most memorable were those that were still in the framing stage.

I'm big into processes and workflows, so in my head I'm thinking putting these trough several stages starting with an initial broad filter.

They are both rented for $975/month.The property's assigned schools were terrible before, but in 2018 school year, the neighborhood is reassigned to decent elementary and middle schools and a great high school.I think the new school assignment could potentially bring the neighborhood to class B, and the convenience of the location (close to high way and malls) may be able to attract class A tenants. 2/2 apartments around the area go for $1700-$2300, and the Rentometer calculates around $1650 is the area average and median.On one hand, there's a 3/2 unit across from the street that's been sitting on the market for a while at $1400.

I think you and I are at a similar stage as I'm saving capital, learning through books/podcasts/forums, and trying to get all the answers to the things I don't know.