Once you get into higher end / higher priced properties, these numbers will have to change as it is not a one size fits all equation.As an example, I sold a property a few months ago for $1.56M and the gross profit at the end was about $225k which ended up being a triple of a deal (baseball reference).

The interior looks decent with only cosmetic rehab needed, some appliances changed, new floors, and a re-tiling of a couple of bathrooms.

While it may not be traditional it alleviates problems like you're dealing with on-change over...

The city is changing.

I think its safe to suggest that many authorities from the DEA to local sheriffs are at odds at enforcing the changing laws as they balance the high costs to enforce it.Speaking of Trump...

Ya gotta be able to move fast these days in this area.

After faxing and waiting 4 days, they replied to tell me what to change, so I did and faxed it in again.

If the seller is not ready to move out you change the closing date.

Values change block by block. 

MY QUESTION, why wouldn’t they disclose any of the hazards such as a former flood downstairs due to a leak, or mold in the bathrooms that they tried to hide durIng viewIng or the fact of needing a roof change and updated electrical work.