$45000 x 70% = $31,500 - Repairs = offer price (typically).  

Typical make ready needs6.

Also not sure how it would work as an investment, do you have to live in the property?

Investment Info:Small multi-family (2-4 units) wholesale investment.

Investment Info:Small multi-family (2-4 units) fix & flip investment.

Investment Info:Single-family residence fix & flip investment.

There are many asset protection service companies (some invest heavily on advertising on BP) who  take advantage of inexperienced investors own lack of understanding and upsell them on services that aren't necessary. https://www.biggerpockets.com/forums/12/topics/1185366-atten...

Like @Michael Baum and @John Underwood said, this is a highly competitive area and I don't typically recommend going into a neighborhood that isnt a resort.

It has served you well, taught you a lot, and now maybe it's time for you to turn that into a better investment for where you are in your life. 

I wanted to reach out to this amazing community because I’m working on something exciting and could use a bit of guidance.For the past 15 years, I’ve been deep in the world of real estate investing, and it’s truly changed my life.