keep in mind the seller may likely already discounted (asking price) allot of those items that he likely/secretly knew about (probably didnt know about the termites though).

Then you can conduct your due diligence within the allotted time.  

There's no reason everyone is allotted 24hrs a day and some people make $300 in that day and others make $3000. 

I have had bad experiences with web developing taking large deposit under delivering and exceeding deadlines, and then going over alloted amounts anyways. 

We'd like to start with something simple $50k cash purchase with a $20k-$30k update cost with a $125k min $140k comp'd neighborhood.Note: My wife is an agent & has 2 investors who have done this 6 times in the past 36 months so we feel we know the numbers & there is allot of similar properties..Do we just go for it with hard money???

(years between sales). as i recall, last time, allot of the online flat fee websites are actually owned by the same company. hopefully that has changed by now and more competition has came in. 

She is setting up an automatic allotment from her paycheck as well so hopefully late payments won't be any factor.

During the hold period, you will probably have property tax payments (although you could wait until you sell and pay late fees), utilities ($50-100/mo), monthly hard money interest payments ($1411/mo) and you should allot for unexpected constr overages (min 10% and probably 20% on your 1st deal).   

Hello BP communityI am a newbie to the RE world but I have done allot of research in many different areas.

I do allot of local marketing and generate allot of leads that do not fit the customer profile I am looking for and would be great potential listings that I would be glad to pass along to you.I could use some assistance running comps on properties I'm evaluating.Please contace me