This community will (probably) respond.I was an appraiser for 14 years so, I suppose I had a bit of a head start in that department, and I can tell you from that perspective that very often an investors research and conclusions, or one step better a homeowners research and conclusions, are very often as good and better than what an appraiser can/will provide. 

You have to pay a lot of transaction costs and the realtor.it sounds like the cash flow would be weak though, especially considering you have such a small loan on it compared to the value of it.

Even though you have large search radius, at the end of the day most of the support an agent provides for you will focus on understanding buildings/layouts, analyzing deals and providing comps, and then making sure your transaction is logistically smooth. 

Hey @Hayden Smith,Thats awesome to hear you are getting out there and making transactions happen.

Do you have to use a realtor for this transaction? 

This will allow you to identify normal costs that occur on both the buy and sales side of the transaction.

It also sounds like you did not actually renovate, so it will not look like a rehab/fix/flip transaction.

I have obviously been researching like crazy for a few months now and taking the necessary steps to make my first transaction. 1.

Further, if you’re worried about ‘transaction funding’ costs – there are many title companies that now allow table funding (essentially you can use the funds from the second close to fund your first close)#4 Add disclosures to your Assignment (for buyers) and purchase contracts (for sellers)The myth that buyers will freak out when they see the large assignment fee that you’re making is misplaced.

This will be my first major real estate transaction.