@Rajagopalarao Paidi  some areas of the country it is perfectly normal for foundation issues given the soil types and building techniques of the time.

Well, if I'm buying to flip and it's going to cost me 3-5 months of time, effort, holding costs, risk, etc, and I'm only going to make $30k off the final sale then it serves to reason that the wholesaler would make less because they have less skin in the game.

For a normal interior we would use the following- sprayer for ceilings (flat white) and for doors (switch to semi-gloss) - 3'' angled brush for cut in and trim- 19'' roller frame with 1/2'' nap cover for walls (this is where the real magic happens).

With median home prices hovering around all-time highs and inventory below normal, first time buyers in particular have been squeezed out of the market.

If a tenant is asking for rent reduction in normal times, then that's a red flag that you have to find a new tenant.

So, two questions arise; 1 - can this strategy work in a NORMAL period of economic activity, and 2 - can this strategy work in a difficult economic period?   

There are many ways to skin this cat.I require 50% at the time of booking.

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

Quoted $5K in closing costs but ended up being $7k to pull $94K in equity out of home as a 2nd mortgage (additional cost was insurance). curious if the below info seems “normal”appreciate the feedback.

@Arron Paulino  I've posted on this many times over the last year and my advice normally falls on deaf ears.