If someone has a problem or misunderstanding, I am very open to discuss the issue and work it out.A budget percentage is extremely unique to the person/company.

Thanks Scott and Steve.Scott, the listing agents' reply is somewhere along the lines of 'just trust me' and that's why I want to know if there is a way to put it on paper.Steve, this is a short sale ( Nation Star - 1st /BOA - 2nd).

We relocated to a new area, having come from a smaller city where we were very well established, but was hit extremely hard by the crash.

Guidant was extremely helpful in the process and I have no complaints with their service.

I am not sure I get your question, but here goes my answer:You have structured a set rate of return (annually) which is good, similar to a regular loan secured by a deed of trust against the property.

Complete war zone, extreme distress, no existent rental market, low price point.

It takes a lot of SFR spec build or rehab deals to equal one of those if purchased correctly.I have an operation set up in east Austin where I work with some trusted partners and pay them a small fee for their time as part of the overall project.

If it's extremely humid in your area, then no matter what material you use you'll have to deal with that.

Thanks.You appear far too trusting.

There are many places where the numbers look good but picture looks much different when you get there.You will need people you trust living and working in the markets you choose.