I think there are a lot of good economies of scale associated with multi-family but figuring everything out and getting a large enough down payment seems like a mighty hurtle in todays market.

Crazy how such small animals can make such a large hurtle for me!

Spider webs, grease on the kitchen walls, and a slight odor of cat urine make it not the most visibly or scentabily the most appealing house.

., carpet replacement, possible wall damage you couldn’t see, repainting the walls with killz primer to cover the smell, repair portions of subfloor because of the dog urine smell. 

Cat Urine Dad, Turnkey DadTurnkey Dad spends minimal time on his investment and turns a 5% ROICat Urine Dad buys a local stinker, manages the rehab, turns a 30% equity ROI on the rehab, does his own PM and turns 15% ongoing ROI.Nothing wrong with either Dad, just different approaches to REI.

I always suggest waterproof mattress covers, I have seen some people even use two at once, because if I have a couple booking my stay I know that it is possible they may have relations and I also know that can result in a crotch level spot that can resemble urine, so I don't get too worked up about it.

In the current condition it’s not worth than 225k it smells of cat urine badly from the outside.

And that can be devastating, especially with the powerful ammonia of cat urine.

Cats are terrible when a tenant does not regularly clean the litter box and becomes "nose blind" to the smell of cat urine. 

I will finish with a story: one time there was a foreclosure that I wanted that had been sitting for a long time (it had terrible cat urine issues).