skinny.

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The flip that wouldn’t sell.

Kellogg craftsman. Under contract summer 2025. Seller no-showed closing. Paid interest before it even closed in Feb 2026. $13.5k rehab turned into ~$50k (roof and a rotten deck). Listed May at $379k. Day-two offer $345k. Passed. Forty-plus showings. Missed a $355k investor counter. Appraisal: $345k. Same number as the first offer.

Quirky floor plan plus an emotional tie. He used to live two doors down.

Now a rental at $2,550 a month. Cash flows a couple hundred after the manager.

Also this week: two $2M+ agent deals under contract in one day. Development took another $44k Avista hit.

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The skinny

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