Second, Is there a certain percentage of the ARV you should typically sell the property for?

Instead of countering 10 times, we will usually give our lowest and best counter to let the buyer know what our bottom dollar is.We service for a few different investors who have different price reduction guidelines, but typically 10-15% under the FMV is where an offer will usually go through.

Not the typical 3 weeks and high maintenance that the -elite- websites are pushing

They typically cost anywhere from $1k to $3k depending on what all your lender wants you to do.

On typical listings it would be 3% of ownership and for FHA foreclosures it would be 6%.

From your post, it sounds like they are typical tenants.

This typically means you need to do more than a 1 time shot at it.

Typically upfront and typically in cashier's check rather than personal.

You still have most or all of the operating expenses that a typical rental has.The gurus make "lease-options" sound wonderful, but the reality is quite different.

And, you'll typically need to pay for the work first, then get reimbursed.