The extra money will get the seller's (really, the seller's banks) attention.On the other hand, getting into a bidding war will cost you money.

People tend to lump them together and one is an expense the other is revenue.AdSense - is free to use you sign up and it creates the small link advertisements on your site which provide you revenue.Adwords - is when you bid to pay a certain amount for a word or phrase in the search engine.

The investors who are able to buy property creatively are going to be in a "POWER" position when the market re-corrects itself.

Yes, in a wholesale deal.Also, is it correct that I would pay for an inspection but then the investor would pay for the appraisal?

If i'm reading this correctly, the fmr for the area i'm looking at is over $1100.

Alex, you only need one clause that says...Buyer has the right to inspect and approve prior to closing.This gives you the right to back out all the way up until closing.If you're making offers to realtors then "Diggs" is correct but if you're making offers to motivated sellers like you should be then it makes no difference.

Originally posted by Wheatie:Get estimates for the repairs and provide them along with a request for a price reduction.Most contractors are giving me a 2 day out time.I had the home depot contractors come out too, because I figured they would be the HIGHEST bids.

You are so very correct.

Moreover, the real cost of this rental is $80K IF the $20K repair estimate is correct.

Michael, Fred is correct, educate yourself fully until you feel comfortable taking action.