I see agents on the opposite side of deals from me make mistakes that cost their clients tens of thousands of dollars.

It was the second to worst experience I've ever had with any contractor and the worst I've had with a plumber specifically.

If you have reason (comps, numbers, rehab costs) behind your offer, and present it as such, worst they can say is "no thanks".

I can guarantee the guest doesn’t make this mistake again and the market as a whole is better off.

You get the best returns in the worst area but trade that for the most headaches.  

I am still cleaning up a nightmare for 2 rental projects for the last 4 months, I hired a contractor and he was the worst.

The worst part is; people are buying them up left and right.

@Steven McCall - in my opinion, new investors make two common mistakes : overpaying, and underestimating rehab costs.

If you have no reserves and you hit a problem- a costly problem then you potentially are in default or at worst very stressed and that is not a good place to be and could threaten significantly your future.

As Ryan mentioned, looking at the worst possible year over increase, which is usually around 100bps or 1% (10bps equals .10%).