Purchase / Sale   Purchase Price (Act)  $180,500   Sale Price (Est)  $395,000Fixed Costs   Buying Costs (Act)  $14,267   Holding Costs (Est - this incl loan i pmt)  $25,223   Selling Costs (Est)  $23,550Total Fixed Costs  $63,040Repair Costs   Finish Materials  $22,924   Labor / Equip / Build Materials  $58,158Total Repair Costs  $81,082Total Project Cost (Less selling costs & ipmt)  $282,203Total Investment  $324,622Profit  $70,378Also, here is some more info on how I found the deal.  

The conditions, recommendations, and suggestions contained herein are the result of a visual inspection, without removing surface materials or performing structural calculations, as of this date.This house is a one story residence, approximately 70 years old, consisting of asbestos shingle exterior walls with a an asphalt composition shingle roof surfacing.

The economy here in Huntsville is driven by a mix of private and public industry sectors including aerospace, defense, technology, and education.

Any wall covering that is attached to the wall where water came in, IS going to be wet behind it (including insulation, if any), and the only proper method of drying it is by removing some/all of the affected area, or using a dehumidifier with tubes inserted between the foundation and the wall covering and high volume fans to quickly (it often actually takes several days to get all of the moisture out) and completely dry all of the materials.

As for cost it can easily range from 1.50-5.00 a square foot for material and here in Florida usually $3.00 minimum for install.

The only new construction going on is in crammed subdivisions by the bigger builders who have more resources, labor, and most importantly, materials.

Hello Drew,I appreciate you asking that question.We give them extremely detailed hard quotes that are described by line item, cost of the material and cost of labor, even amount of workers used per line item.As well we present all the receipts of purchase of the materials and quantities.Our company has over 70 4.9 stars review ratings from Home Advisor so we encourage all our clients and investors to check our reputation as well we can provide referrals from other investors.Hope that answers your questions!

In the winter the snow melting off the roof would run into the gutter and probably freeze on contact with the filter material.

That would be an easier pitch then trying to get a seller to trade equity they need for their next home for a note.I get letters from local companies constantly for my notes so I am assuming they look at the county records to cross reference material to send me ads.

More than once, I've had tenants call me up, asking if they can repaint this or replace the cabinet handles and whatnot, and I end up just reimbursing part of the materials on their rent.