In most cases, especially lower income areas, the presence of hardwood would likely go unappreciated and it may make more sense to preserve that wonderful vintage material and actually cover it with another type of flooring (I've been using Trafficmaster Allure in my units, which I'm obsessed with) until it comes time you decide to sell the property and then expose the old wood, refinish, and use it as a marketing point to the next possible owner( think about how "rare" and "desirable" that same flooring might be after another 20-30 years if preserved). 

God Bless America Jay,And it's "Real Estate Tycoon" heheThanks mate :)

Most condo communities have a master policy (hazard and flood), however, if the property isn't insured fully or the Deductible is really high or God forbid the association in Florida decided to forgo flood coverage due to a LOMA (being mapped out of the high-risk flood zone).

Equity in todays market is just not given away no need to.. the market has FINALLY thank god rebounded .. its not 2012 anymore. 

Thanks and God Bless!

Thanks and God Bless!

Thanks and God Bless!

There's no way on God's green Earth that condo would have sold for $93,000.I convinced her that Zillow was wrong and she proceeded with the sale.

I am excited that there is a New Jersey / Philly presence on BP.  

God I wish I had bought some then... had no idea how creative I could have gotten.Just keep rolling the way you are, and you’ll have more deals than you can handle, especially with a good full time job’s income to work with.As always, if you’re unsure of your skill at negotiating, etc, find a good partner you trust, preferably with some good experience, like a (good) realtor or contractor, who have value to add and learn from them.