I'd plan to go in, do the work myself and rent asap.I also consider multi families, but I can't get them as cheap and not only do I have interior maintenance, I now have exterior as well.

Be sure to plan for exterior security lighting as needed, and do not use the very cheapest light fixtures.

Specifically with hair, it always grows back...unless you are losing it...Overall, It all depends on how hard you are willing to work to get people to see beyond your exterior, if you don't want it to be an issue, fix it.

Most can be done by a handyman.Those include simple items to a few warranted items, and more costly, such as some cabinet repair, some exterior rear door jamb/framing repair, and including my not warranted thermal windows with condensation.

We did a free teleclass in July called private money magnet and the replay is at http://theinvestorinsights.com/?

They also have one for exterior improvements.

The list goes on and on and may include: landscaping, exterior lighting, mailbox, patio/deck, air conditioning (although it probably has it considering your area), etc.Also consider the quality of the home.

What mike said.....You may not have any MONTHLY expenses, but surely you have Insurance & taxes you pay, those are expenses.In addition, you will also have exterior/interior repairs that are associated with property ownership.

- eventually it will need to be painted (exterior) and new windows but for now - interior paint / flooring would be all it needs.Any suggestions on this...

HOA covers all the exterior except the windows of course.