If he's a good guy, he'll tell you if it's worth considering or not!

It could be worth reaching out to some local brokers to ask them, as they may be able to better guide you. 

I would say the home is probably worth around 575-600K.  

Based on my analysis, the ARV looks to be in the $720-740K range, and after running the numbers, I anticipate a profit of about $40K including all the junk fees and agent fees.A couple of things I’d love your input on:Do you think it’s worth getting another quote from a different GC?

@Greg ReeseMost small investors will benefit by having the LLC created in the state where the property is located at.Creating an LLC in a state like Nevada, Delaware, Wyoming may be better for the big players if items such as charging orders, business friendly case law, anonymity are important to you.However, be mindful that setting up LLC's in those states will add to your costs as you may have increased annual fees for annual LLC fees + registered agent fees.

Hi there, if you're open to holding onto the property, converting it into an Airbnb or short-term rental could significantly increase your cash flow, especially with the current demand for rental properties.

The median home sold price reached $582,329, reflecting a 9.7% increase from the previous year, with a median price per square foot of $325.

P.S. sometimes it's more stressful than fun, but the rewards can be enormous and are worth it.

This one I might take from the deposit, depends on how much if it is really worth it.

If none of these factors work and your crunching numbers to the final dollar... it may not be a deal worth buying in the first place.