Just curious: How did you arrive at $285k for your offer? 

It seems like everyone is tempted to try that at some point and we all arrive at the same conclusion - totally not worth your most precious ressource, your time.

I just hand him the keys when he arrives?

I understand the Property Value, Equity, and Loan Balance figures and how they are arrived at.  

While matching the cap rate to the listed price makes sense, I see the following issues and I'm trying to understand how do I provide an allowance for those to arrive at a price that matches the risk-to-reward ratio (if you get what i mean)1.

The big day arrived We were able to take out the shearing wall ,remove header and open room The steel structure was purchased by our welder on our crew and he also finished the welding on site.

Please sign our www.change.org petition here:Oppose Baltimore City Renter's ActSincerely, Sal Catalfano MyRentCourt

When do you expect to arrive in SD?

How did you arrive at your asking price?

I arrive at a price based on a specific profit I want to make, usually 20% on my total money invested, which includes cost of the home + rehab.