thanks for the info on Morning Creek South cash flow. I agree with you on your assessment. That house probably need at least 10-20k to be livable. The carpet was totally messed up and the room you mentioned seems like it did have the ceiling redone badly. Kitchen and bathroom was in pretty bad shape. $585k + 5%= $614k. That’s higher than recently sold house in that neighborhood that was larger and didn’t need as much work. I guess this buyer is either a future FB or just the bank insider bidding up to the reserve. We’ll know soon enough.
