He just kept saying the market was slow in that area, but when I recently asked what exactly was the average time on the market was, he said it was 144 days with a median of 80.

However, I still stick to my opinion on valuation and say that if 1 out of 6 investors jumped up $20k in price and down a good amount in repairs then I have to wonder how experienced was he really with Newark and investing in general.

Power wash outside.The neighborhood is a blue collar neighborhood, her house is worth between $80-$90K according to the recent comps.The house can be rented for around $1250.She had an investor offered to take over $75K mortgage and pay her $10K cash.

And no money changes hands until settlement.You should look for brokers that are in the areas of CA and Wash. where you want to invest and have knowledge of the area.

The full bath has a window other 1/2 bath (toilet and wash basin ) very small maybe 5x3 and no window... neither bath has ever had an exhaust fan and the house IS NOT having extensive remodleing...

That way if they don't like the way I am handling their contracts they can get out whenever with one month's notice and if they aren't holding up their end of the bargain or taking care of repairs and letting their home become a "slum" I can wash my hands of it as well.

Was he a poor operator?

So I did research on the 37 properties and found this 2/1, 1270 Sq Ft home that had been abandoned on about 3/4 of an acre lot, it has a one car garage and wash room.

My rough idea was he pull permits for his portion of the project, close them out and then the rest of my guys pull separately.

So that wash point.