It really is and I am not saying that to rub it in because that is not who I am.  I

I wonder, why am I putting money into something that wont pay me back, and provides a huge area to store crap in that will get left behind!!!

@Samuel Chua The discription @Andrew Gingerich mention is on point when it comes to comping out the after repair value. 

@Amy R.Welcome to Biggerpockets!

Am I allowed To make an offer to wholesale a house that is listed with an agency ?

Is this a symptom of a bad market or am I just not finding the right deals?

If you work your analysis in reverse, starting with what you need (exit strategy) to end up with in the end (minimum profit/cash flow in DOLLARS...not %), you may find that there are many markets out there where you don't need to discount to make money on.It's all about knowing "how money works"...and being good in math, which most are not...and just because you can add up to 10 in the winter, and 20 in the summer, doesn't make you good in math.Unfortunately, way too many REI (actually people in general) are the ones in math classes that said, "Why am I learning this, I'm never going to use it?".

If my spouse were bitten by a dog, I'd have a civil complaint filed there next morning at 8 am. I

Am I doing the math correctly House price $100,000.  

So what am I missing???