I always say locate the absolute best company first, then deal with the pricing and see if you can come to a fair price for both parties. 

Hi guys,I am fairly new to RE investing so I still have lots of fears and doubts before I decide to pull the trigger.The following is a property I found in Jacksonville FL that I am researching as a potential deal for a buy and flip.

I just want to reinforce the fact, that this is my personal experience, it is not to say, this is the norm, but I consider myself fairly experienced with a fairly large buying appetite and capacity, trust me I am always looking for deals.

As I'm sure you know inventory is low and prices are high within the Seattle area, the greatest value proposition my company brings to the table is we get access to a fair amount of Pre-Markets properties weekly.

I think there are better public REIT options out there that pay fairly stable dividends if you're willing to deal with price fluctuations.

Clearly my expenses for the wooden siding maintenance will be higher than brick as will need to repaint and touch up every 5 years or less, and the service for the window units will likely be less (especially since my lease states the tenants are responsible for them along with appliance repairs under $150 for that rental) along with them being cheap to replace and fairly serviceable.You have to look at each component of a given property and estimate the maintenance for it based on what you know, what you have seen as best practice here, ways you can minimize or avoid the expense, and based on quotes that you get from contractors as part of your diligence period.  

I'm from Maryland and spend a fair amount of time in Maryland / Baltimore anyway.

I run a legitimate business and employ high quality guys that want to be paid fairly for their skills.  

As I said I am fairly new to the REI world so I may not be fully articulating the information you need to help answer my question so please just ask and I'll help clarify the deal or follow up with my realtor for more recent info. 

At least, you will probably be required to seal around the pipe fairly well.If you have to put a door in the fire-rated wall, it needs to be a fire-rated door - usually either solid wood or metal.