As long as it is in decent shape, I usually leave wood paneling alone if it is in a lower rent place.As soon as you paint it, you spend the rest of your time fighting all the nicks and scraps.

keith, i did what your talking about...i was able to buy 3 three family properties this year...it is working out because i bought for cash flow...my equity in my own home was not working for me at allbut it all depends on your risk tolerance...make sure your #'s work...for example my numbers: i make over $1500/month per property i bought this year...if i could buy more i would but right now ive used all my equity up to 75% on my primary home...landlording is not easy either, just get ready for the roaches, bedbugs, overflowing toilets, fights between tenants, trash, etc...even w/ all of that its still worth it imo...good luck....bg

The land itself is worth $200,000.So, now the entire family is fighting over money, and telling my aunt to take it.

She is already fighting to get her life back under her own control.

Unless a body is an attorney they may not know what fight to fight, what questions to ask, or where the wiggle room lies.

Listen to Mike.The seller is being a pain and I have seen nothing that implies this is a deal worth fighting for.If the deal is really good (using Mike's criteria) then a $5K bill might not be a deal breaker.

In some cases I just leave it all blank rather than fight with a system.

The cost of litigation isn't worth it when fighting over who's time clock is more valid.

I would say most wont fight it but after you sink 8k into the property to rehab I wouldn't wanna risk it.

I don't know if that's due to the market leveling out or other investors sucking all the air out of the room, but it actually made me contemplate listing the properties for a flip, but I really want to build a portfolio, not become a rehabber, so I have to fight that urge.I sent you my email via private message here on BP.