I know I'll risk alienating myself if I play up how scary the unit looks since the sentimental emotions might kick in and shut him down...I could also explain that its hard for me to come up to 89 if repairs cost 20k (him likely more with retail priced contractors) putting me in at 110k for a property with market value of 105k. but he also thinks the cast iron sink and retro metal kitchen cabinets can be left as-is so the renovation arguments will not have a powerful effect on him:)I'll post again the results of the negotiations later in the week hopefully...

@John Jackson , yeah I know I'm a little delayed in my response but the advice is so direct, so true, and so funny...Late...

There is so much information in those books that you'll never remember it all, and I figured it would be nice to have it as a reference on my iPad when I'm out and about.He also has a blog, 123flip.com, which allows you to follow each of his projects step by step.I think the only better way to learn would be to work side by side with someone who is flipping, or to just do it yourself.

There is SO much great information on here!

Wholesaling in Hillsborough County is a little tough, but there is so much activity in surrounding counties that you tend not to worry about it once your first deal or two is done.

I think commercial space is so foreign to most residential investors like me that we pass by some great opportunities.

I don't think I will be able to get any houses once they hit the MLS, since inventory is so low and houses are selling quick.Besides trying to find houses BEFORE they hit the MLS, how can I compete with buyers who seem to have boatloads of cash?

There is so much that can go on, it is important that you take some time to feel your way around by talking to different people, then attack one direction.

Our regular inspector is so extremely detail oriented and knowledgeable...we should have stuck with him on this deal.

The first deal is so important!