I would be really conservative on your ARV if you think 200-250K is where it should be, call an appraiser to get a ball park, if you don’t have the number of one, I can get you a contact in Michigan that appraises.

She hit that ball out of the park!  

I am so close in figuring out how much of a rental property I will be able to get financed and get this ball rolling! 

In my opinion the last thing you ever want is to involve someone else.... a mediator, a judge.... but if he is not willing to play ball and perform to the standards of the contract, and the no permit thing is absolutely not performing to the standards or his licensing.... you have no other recourse.

@Tayler McIntosh There is no crystal ball, but networking, networking, and networking.

Well the wholesaler is trying to make his skim/margin so you don't know how much he's giving the seller.If your offer is good (like cash and at price you can make money) try and send them a low-ball if there's not a lot of action - They have room to move. 

The actual repair cost is estimated at $6000Similar properties on market right now for $110,000just trying to play it safe and still have the number within the ball park.Let me know your thoughts. 

Get the ball rolling.

In October and November we were able to help 3 people exercise their lease options and all of them were very happy to walk into equity.

I DO have capability of putting down 20%, or somewhere in the ball park of $30-40K, but I of course would rather not.