Purchase price: $45,000 Cash invested: $15,000 A 2350 sq ft outdated property.

Fix and flip: what are renovated properties selling for, slightly out dated, etc. 

An outdated unit rarely rents for as much as an updated unit.

Greetings @Chris Webb,The issue I see with older housing stock is outdated mechanicals and older 'bones' (structure, framing, foundation) and as we know father time is undefeated.

sources:(1)https://users.wfu.edu/palmitar...(2)https://www.bloomberg.com/grap...(3)https://coronavirus.1point3acr...(4)https://www.google.com/amp/s/w...(5)https://www.statnews.com/2020/...(6)https://www.google.com/amp/s/a...(7)https://countryeconomy.com/gdp...Great points.But, it's outdated already, I'm afraid.Larry Kudlow said today that it will be closer to $6,000,000,000 - six trillions dollars, not two trillion.

This is what I was told (which may be outdated by the time you read it): Most municipalities have rent banks.

I don't want to suspend the listings hoping we may receive reservations for further out dates. 

It was mistreated, lacked utilities and of course outdated. 

As others have mentioned, there are definitely some outdated assets more than 40 years old that should be torn down or converted, but it really comes down to the price you're willing to pay.

You will get a better deal due to outdated nature, and get the benefits of a flip with the appreciation in rehab.