new sheetrock new cabinets new toilets and appliances that is why the 30K rehab costs and why tey rent so fast....No splash and dash jobs....If I join I haveinsvestors willing to buy at the 60K mark and will put 12K in each so they will have cash flow on a 30 year AM..Guess we will see when I get there if they are TELLIN the TRUTH to truthteller...Really impressed with the dialouge here!

Repairs-windows, refinish hardwoods (beautiful floors throughout, just need sand/refinish), kitchen needs counters, bathrooms just need quick overhaul (toilet, vanity, sink), paint, and thats really about it.....I "guesstimate" no more than 10k on the very high side, and with me doing the work, def well under 10k.

I've gone to several county courthouses and I find squat.

Ran into the same issue with the toilet.

I think the right question is AHS v. paying for a new toilet, furnace, etc. out of pocket.

Would he not hope that the house doesn't sell, so he can continue squatting?

Stove, Refrigerator, Mini-Blinds, Toilet, Bathtub and etc. including entrances to all apartments.Now - I am a property manager, and have done inspections.

So, for the normal mundane costs like toilet fixes, etc. the Lessee handles all that.

As far as I am concerned, a 10% price drop barely even counts as a correction and it certainly does not warrant all the panic that the press is trying to drum up.When prices were going up 30% per year, I wouldn't have bothered to purchase a property that I could only get 10% reduction in the price. 10% off is no bargain, and 10% isn't diddly squat in real estate prices.Somebody wake me up if prices drop 50%, because I'll have some serious buying to do at that point.

So the loan portfolios are priced according to the market expectation of future defaults.With the current sentiment in the toilet and pricing of default swaps sky high, I can not see that the actual defaults can exceed the current expected defaults.