Investment in this area tends to be block-by-block so as @Paul De Luca mentioned, it's worth driving through and assessing prior to making any investment decisions.

Purchase price: $90,000 Cash invested: $50,000 Sale price: $235,700 My first flip What made you interested in investing in this type of deal?

Before I answer, let me ask you this.Why are you entertaining a cash offer?

I don't think it's worth paying for the repairs for a tax deduction, if the tenants want the AC they are welcome to pay for it themselves and they are.

Definitely will take time, but it could be worth it.

I can only speak to our area, but if this is a county auction you're talking about the cash for the house is due the next day.

When people here send me private messages or ask me on a call, one of the many things I'd tell them if they want to buy pre-construction is to check the developer's construction license and that it complies with the zoning rules (and I'll tell them if I know what those are).You woudn't believe the amount of people that are ready to put a sizeable amount of cash on the table but won't spend the little extras needed to make sure they don't lose it.

If you do refinance, the three things that will affect your cash flow are the amount of the mortgage, the interest rates and the length of the mortgage.

And is it worth it to put up a fight if the buyer does. 

An annoying fee, yes, and eats into cash flow and profits which is why you likely started on this endeavor, but the lengths people go to try to avoid what is, in the end, only $800 seems excessive sometimes.So, we don't have all of the facts or copies of any documents here, but generally, a trust only governs any assets that it owns.