The "typical" home I've seen is a 1800 sq/ft all brick home built in 1920 with recent updating work done (nice kitchen, hardwood floors, etc...) with a likely purchase price of $260k and a value of $380k.

Does that include collecting rents, screening tenants, marketing for new tenants, and making any types of repairs or regular maintenance?

That will update what is shown on all of your past posts.John Corey

I gave my partner some information about the property, and some of the things we had discussed (the utilities were not split, upstairs would need some updating when a tenant moved out, etc), so my partner ran the numbers and we can offer $25,000 for the property.

FYI: Be Careful as All Information from some sites are not current nor updated to reflect the most current and accurate info. 7.

For the record, I didn't imply that this type of assignment was a regular thing.I am sure that there are folks who have make a killing on a specific deal.

Update your profile with your location and other things that make sense in your situation.

HUD updates their prices usually twice a week.

It's unclear to me how having an 800# vs a regular # saves time and screens out time wasters.

Every year the appraisals will be updated.