I don't want to criticize anyone's hometown but your best option may be to get out of Williamsport. 30% ownership rate sounds like it may be 1/2 the national average, which implies (at least to me) that the economic conditions may not be great there.My best bet is to accumulate some cash, even if you get the ppty with little or no out of pocket (which is not as likely or easy in real life as shown on late nite informercials), it still takes cash to repair and operate ppty.Good luckall cash

I'm going to sheriffs sale and there are about 30 homes most won't make it to the sale so i don't want to waste my time on homes that would sell after repairs for only $40,000.

Basically I run down all of the local research for your property leads.Property Analysis (or Property Consultation) ServiceThe service includes:-An inspection of the subject and surrounding neighborhood-Exterior and interior pictures of the subject and pictures of surronding neighborhood-A detailed report containing the following information: **All the property details and tax information **Title Search **List of local comparables and an estimate of market value **A detailed list of needed repairs **Suggestions for upgrades worth considering **Suggestions for what the property will be best used for (Fix/Flip, Rental, Lease Option) **A list of financing options and costs of each **Rental cashflow analysis (if needed)Cost of service is $100 per houseTurnaround time is 24 to 48 hours.Not trying to play on anyone's emotions, just trying to offer a helpping hand for anyone who wants or needs it.

It will need about $500k (I have not got a quote yet on repairs, this is a estimate) for repairs.

How does one go about estimating repair costs?

Is the water problem fixed / how costly will it be to repair?

The house needs about 7000 worth of repairs.

The complexes are listed below with descriptions.Address is: Houston Texas 77021 Repairs 55k, we have a contractor that can get this done for you if needed Sales Price: 240k ARV: 350k Downpayment for Owner Financing: 90k Mo Notes: $1550-1600 mo This is a 12 unit apt complex we just got a contract on.This unit is a 2 story with a 2 bedroom up and a 2 bedroom down.

I know that I need to be able to acurately estimate repairs, closing costs, ARV (very important), time, loan costs, etc.

For example let's say I'm purchasing a fixer-upper for $110,000 that has a repaired value of $170,000.