We also ended up selling it as a for sale by owner with both parties which kept an additional $30k plus in our pockets.Lots of people we talk to think that we we're lucky and maybe we were on a few things like selling without an agent but I still think that you can put in more money to get more money out.

Get sales and rent comps to stop the guess work and gain clarity.

That is only applicable to primary and personal use properties.The 10k is specific to real estate , sales, personal property tax and state taxes.

Purchase price: $210,000 Cash invested: $190,000 Sale price: $490,000 Full gut, new roof, repaved driveway, etc.

The expected sale price is $150k which is a nice home for the area.  

For example, in 2016, I sold one of my rental townhouses (with mortgage and lot of appreciation) in the bay area and ended with 650k in cash from the sale. 

Hi all, I'm having trouble pin pointing an offer for an SFR short sale.

I'm sure you wouldn't buy stock in a company that had declining sales, is losing money and employees are leaving in droves but is in your backyard.

You would need a simple sales contract and a great title company contact.If you would like I would be happy to chat and see if I can help you achieve your goals.

If so, is there anything stopping you from going out and looking at properties available for sale?