Unfortunately, I listened to them and now the market seems to be a seller's market.Over time I became focused on other things, such as my education and working.

I just bought my first distressed home and now I am looking to find homeowners,in that area, that are looking to sell at a discount. I know bandit signs work but I was wanting to call the neighborhood to see if people...

I don't know of any insurance company that will compensate you for a bad tenant.Contact the tenant with an itemized list of charges and demand payment in full within 30 days or that they submit a payment plan with the entire amount paid off in 6 - 12 months.

Dennis--Just to clarify: The sellers are giving us the $7,400.

A better looking house wIth new siding will get more demand and appraise higher .

A consultation and demand letter are not going to break you.

The seller has agreed to pay for a new roof and put the home under warranty for 1 year.

The seller has agreed to pay for a new roof and put the home under warranty for 1 year.

Id start with that...its either overpriced or there is some issue that other interested parties have found and decided to pass on.I personally don't like buying flips as investment properties......to many crap jobs, horrible workmanship etc etc....and the number rarely workI would run my numbers and contact the seller....see whats the situation

Once you have a price you can turn that into price/pad or whatever other metric the seller likes.