Even there is no money down, you will need some reserve to pay for closing cost, loan origination fees, may be some deferred repairs and so on. 

And as much fun competition is at times, I knew that was not the best way to get ahead(which is really what most of us want).     

Where have you accounted for property taxes or repairs/ maintenance or property management if you plan to go that route?

I scheduled mine 8 months ahead, especially after the north bay fires. 

He could delay important repairs and not do them to make the financial statements look better. 

I want to remove my bias here, so I will stick to the facts:Home had foundation repairs done in 2008 and 2012Seller had a 3rd party engineer do a class C foundation inspection on 3.20.2018 and provided the following:Overall elevation differential of 4.1 inches.  

Rehab Costs Total Rehab Costs ($110,000.00) Total ($110,000.00)After Repair Value $575,000.00When I look at your report all the estimated repairs lines just say "N/A. "  So are you just guessing?

just because the house is 1/10th the cost doesn't mean the repairs will be 1/10th as expensive. 

Get an estimate on the repair. 

This property has the potential to be a cash flow machine.Now I’m sitting here the next morning after looking at the property arguing in my own head whether or not I should just go ahead and make an offer and for how much.