Then for the POH guessing 5K blended average value * 13 units for another 65K.This is the back of the envelope calculation, and you have not told us anything about the condition of the infrastructure, or the likelihood you will have to evict a lot of the TOH residents and potentially purchase / rehab their homes to get them filled with proper tenants. 

You can't afford it, unless you are buying 80 units (50 if they are well over $1,000 blended rent :).

It comes painted in either a white or cream color, but you can paint over it with regular interior paint to help it blend in. 

@Brian Nel Yep, I have used the new BP Texas Lease forms, edited, popped my logo on and other format fine tuning, and blended a little language here and there from a recent TAA lease.

The renovation was an addition of a garage and entire inside renovation to everything but the overall blends with the surrounding homes.

Then there's the actual art of capturing the property using flash, HDR, flambient (flash and ambient blend), and other variations.$1000 could be tight to get a basic camera body, lens, speed light and a tripod depending on what brands and quality gear but it's doable.

It all blends out over time.

You can use a product called "wet it and forget it" that you spray on house and prevent mold from growing, or you could paint it a green color to have the mold blend in :)

You would be encumbering yourself with a large amount of debt for little to no cash flow.If it was a national tenant with a long primary lease say 15 years guaranteed and rent increased each year 2.5 to 3% annually then it might be worth it for a blended cap rate over the long haul.Banks lend on crappy stuff all the time when they know they have  an unlimited  personal guarantee against you for the property.If seller wants you to buy this with conventional financing with a lot down and a low cap rate it doesn't seem that great of a deal.

In my opinion, the Vancouver, WA market is a blend of appreciation and cash flow long-term.