In other words, try to find deals where paying cash is a strong bargaining point and gives me an edge.

Makes me wonder if the homeowner or contractor were trying to save money by cutting a few corners.

They had burned wood in a barrel to supplement heat.

I don't know the exact cut-off and it would vary per area, but if your house is old enough (1920 is near this tranitional time), the lumber could be true sized rather than nominal.

As an agent, you will probably use placement of tenants into rentals to supplement income - to help make ends meet.

All this talk about multiple offers shows a market that could be underway towards increasing prices.My condo complex has 340 units and we have had values cut in half with properties just sitting for long periods, no action.Just noticed, everything except 2 units have sold, at huge discounts mind you, but sold nonetheless.Condos are the firt to crash and the last to comeback.

If they are not entirely motivated to sell their home, I would just cut it short and move on to someone who needs to sell quick.

My wife and I started reading about wholesaling as a way supplement our income.

Also the recent comps are $240,000 (for a great renovation), $225,000 (for a pretty good rehab....nice kitchen, nice bathrooms, good curb appeal, standard everything else), $190,000 (for average rehab.....basic, cut on finishing materials, etc.).

My impression is that the carriers that still do business here are trying to cut out risk anywhere they can because of future hurricane possibility.