Without having to analyze the numbers I was able to respond with a reasonable explanation of why an investor would not be able to pay as much as owner occupant for his house.I guess people who eschew the 1% rule would go back and spend an hour putting together a detailed analysis to answer that question.

Happy to answer any specific questions.

I would honestly call three HVAC people to come take a look at it and give you some answers along with pricing.

The answer of course depends on your risk profile but did investors even know what the debt was? 

If you have a regarded tax entity, e.g. partnership, S Corp, C Corp, you need complete financials -- P&L and balance sheet to adequately prepare the tax returns and answer tax related questions. 

@Dan H.It sounds like you have your answer if you should buy it as an investment or as a vacation home.

Overall though to answer your question, there is some supply glut in the RRG area so those older properties with less amenities are struggling some.

I can't get a straight answer from the county.Does each unit have its own building permit that would be pulled?

But I'm not sure where I referenced 10% of total construction cost so I can't really answer the question.

To answer the title of your post, selling fsbo can be a good idea if:- you have experience selling RE- you price the home to sell- you have systems in place to collect inquiries and facilitate showings i.e. call center/email/google forms for screening inquiries, showing agent, lockbox, security alarm, etc. - you have dozens of local agents who can market the property for you and bring you a buyer- you are listing in a desirable area with low-inventory - you are not in a rush to sell