What factor does this play in determining minimum price, if any?

The answer will depend on many factors, but there is not enough information in your post to address those issues.

My guess is that having a broker work with with us is the ideal situation.

The ideal use of the space is a commercial building.

The question about closing costs will be one of them because I need to factor this into my deals.Thanks,Mia

Also, the appraisal cannot present any adverse factors, given the borrower's credit situation.Edward Rodriguez

I asked my insurance rep, and he discouraged me from using the fireplace as it is, given the college student factor.

Determine your costs (taxes, insurance, maintenance, vacancies, etc), or use a cost factor. 3.

That was a few thousand dollars I was not going to gamble on even if I did have a little more wiggle room left :wink: that was still there for the surprise factor....you know, "surprise, I didn't count on that needing to be fixed" Glad I passed on it, I was watching another one slowly drop in asking price.

I don't really want to use an Estate Agent I'm not keen to pay 3-6% Ideally I would like to pay somebody an hourly rate just to turn up on specific pre-arranged days.