Yes I got a killer deal, but I helped a family turn the page into a new chapter of their life with my own knowledge and creativity.

So its something to cherish and remember that Stress can be a killer, it almost took me back in the cash for keys days, but we did what we had to, make lots of great relationships and did our own deals to keep it all going. 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $89,900

Cash invested: $78,000

Sale price: $242,000

Off-market lead found threw news articles for some trouble ...

Those are killer rates if investment...

Mold is caused by moisture and lack of ventilation so yeah thats the deal killer for me personally.

That is a deal killer, if it isn’t already dead.

That said vacancy is the killer of cash flow ....so do some math on how much vacancy you can weather, how much it would cost to get the unit rent ready  and how much you would need to increase the rent to cover that cost, then decide  

It's such a downer when you miss out on a killer deal :( but remembering that in Real Estate there are ALWAYS good deals to be had makes it easier to see it as a learning opportunity - especially when you have an awesome group like BP around you.The inspection issue is an important legal instrument, which sometimes is not done well I would have to agree.

@Victor S. made a killer point in that we have a history of bouncing back quickly. 2016 was rough for home builders, banks, and existing rentals that were suddenly competing with the influx of new construction homes being repurposed as rentals.

So far.What has been a killer for many owners has been Airbnb.