Allstate has started insuring these types of homes and may be competitive, plus they can quote most of the insurers in the area.

So being new into investing I want to ask a question, how competitive is the market down here in south florida?

That did not work out well cause it was very competitive and the prices vs the properties just didn’t make sense to me.

We decided on a house on the “exclusive period” I directed the Realtor to put an offer at asking price plus a couple hundred to be competitive with other investors, as soon as it went into extended period.

Many of these houses are over 100 years old and have extremely low ceilings/under six feet of space between the floor and joists in the basement.After checking out several of the competition's finished products, it seems like more and more people are digging out and finishing the basements in these row homes.

BP Network is a priceless resource that gives any type of an investor a competitive advantage.

It's a competitive market, but you would not need much out of pocket. 

Is there a lot of competition in your area?

Unfortunately, many investors are skeptical about Baltimore City right now but it just means less competition for me ;-) I actually closed on this deal because seller would not allow me to wholesale it.

(Some states you have to pay back tax after the sale & some state, You want to pay the subsequent years tax; so you get the maximum interest.)I have attend bidding in 5 counties in GA, only successful in 2. crazy competition now, Stick to your maximum allowable bid for each property, DO NOT try to work the numbers to WIN the bid.