You should figure out what the property is worth true market value, what you could actually back from the property.

Something else to realize is that the value they give the home may be different than true value.

Then quickly as soon as I can transfer the deed sell the property at an amount less than market value in order to attempt to have a quick sale.I realize that the properties still need to be researched and a true market value determined.

This is true whether the property is held in an entity like an LLC or not.

Yes, you would think that, but it's not true.

I've been in a similar situation, and still have questions, but one thing I have learned and perhaps it may be true in OH as well is that the listing agent must list the house for 5 days before any offers are submitted to the assest management company.I had tried to get my offer in before it went to an agent with no luck.

Not nice, but true.

The one I shop at has old timers working there and they are more then willing to sit down and show you exactly how to do something, whether it's electrical, plumbing or painting.

There are risks that don’t occur with a retail purchase, mainly in access for determining the true condition of the property (and therefore setting your make ready budget).

So as a wholesaler it's imperative you get this number as close as to the true ARV as possible because it will make you more credible to investors.Also how did you come up with the $16K estimated repair?