Since I try to due most of the work myself (keeps me busy), I do not do many deals (maybe 1 every 1-2 years), but I'm not afraid to take a chance.

Fellow Investors,I have found a property that I think may be a phenomenal deal.Here is the write up:Here is your chance to buy your dream home on a dead end street waiting for you to finish it any way you want to!

I always imagined that my first flip would be a live in flip because it seems less risky, so I suppose I should start looking at homes that are within my budget and have some room for improvement.

As Prashant said, the sanding can improve the floors more than you think.

In your area I believe they may be required to have a license or be registered as a Home Improvement Contractor.

Is there a chance we might not close?

Hard to believe that this would improve the local neighborhood.

We were seeing a lot of deals in Atlanta that met the 2% rule over the past few years (I recently purchased one where I was all-in for $40K and rents were about $900/month), but these deals have now disappeared now that the market is improving and a lot of institutional investors have entered the market.Real estate is very local, and what might work in one area isn't necessarily going to work in other areas...

If you send a offer without a preapproval or proof of funds there is a good chance that the offer will be rejected.

I will execute 1-3 of the requests pro bono (but not really, since I intend for the tenant to stay and instead of re-leasing costs I am improving the property).. and then may save a couple of the requests for re-lease negotiations/price bumps/renewals etc.