All repairs are done, or scheduled.

Limitless Real Estate Group LLC - Property ManagementWe handle every aspect of realty management - General maintenance and upkeep- Demo and rehab construction- Lease processing and renewals - Tenant selection- Screenings, background checks, deposit collections and lease agreements- Property repairs- Rent collection

We just had to cover utilities, repairs etc.

I'd ask for $20k and see how they respond @Michael BoyleEven with the seller credit, you'll still have to pay out of pocket for the repair...so maybe consider a backup plan...I'd rather have cash than the credit...have the seller take the full proceeds and write you a check for $10k at closing...good luck! 

I was hoping to increase the purchase price to the appraised value and request a $11k credit for repairs.

From my limited understanding of the city Albuquerque is a street to street call on quality of the area. 

Where I have family/friends that would be willing to manage my properties and do repair work for me.

Get a VERY thorough inspection of the building done to estimate future repairs. 

As you will find experienced note investors will have a limited amount of time, bandwidth and quality investments they would be willing to take on new JV partners.    

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