A few nuances here related to the numbers:List Price: $449kFirst Offer Received Buyer X: $465k w/ $95k down (with appraisal continency) Final Accepted Offer from Buyer X: $480k w/ $48k down (appraisal contingency removed)Bad Appraisal: $440k (should have been appealed with ROV due to errors but buyer declined; average age of comps was 11.5 months and no inflation was added to adjust values, also appraiser used incorrectly small square footage)Buyer's Original 90LTV Loan: $432k ($480k w/ $48k down)Buyer's "Final" Loan Application: ????

Square-footage +/- 10% of the subject property.

Hi everyone,I've been interested in real estate for a long time and decided it was time to get serious.  I started listening to a few podcasts, including BiggerPockets and AskBP which led me to give the BP site a try....

Post these two notices and then see if he changes his mind: (these are Washington State specific but could be adapted for your jurisdiction)TWO DAY NOTICE TO ENTER TO: _______________________________________________et al ___________________________________________________ _________________________WA___________Unit No_____ This notice is to advise you that landlord/manager wishes to enter your unit (listed above) in order to: ( ) Inspect the premises; and/or ( ) Make necessary repairs and/or maintenance to the property; and/or ( ) Other___________________________________________________.

I am looking in the Washington DC area. 

Estimating the renovation is the hardest part in my opinion, there are calculators and prices per square foot for each different job, but I have found the actual costs to vary significantly.

Hello,I have a 10-unit apartment building in Washington, DC, currently with long-term tenants.

Get your financing squared away as well. 

The estimating guide was this:1) Demo - 2 laborers at $30/hr, 1 30 yard dumpster at $3502) Roofing: is measured in squares. 1 square is equal to 10'x10'.

Although they are the same floorplan and square footage, they will be a big price differential.