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Unless the rules have changed - and I don't think they have in the last year or so,  you can buy in the same market if its an upgrade, or 50 miles out.

The improvements upgrade their property and could benefit a future Tenant. 

Account Closed Given the seller is willing to finance 70% of the purchase price of $1.8M ($1.26M) that means you need to come up with $540,000 + settlement costs, reserves and a budgetary number for repairs unless the property does not require any improvements or upgrades.

Interior and Exterior Upgrades; Modern Appliances, Tiling, paint, etc...What was the outcome?

For this particular rehab with a gross of over 70K, I sent him an email introducing myself and included a list of everything we had done, noting the upgrades as compared to the neighborhood without talking numbers.

There's no "prongs" lol.More than likely smoke alarms will have to be hardwired on a dedicated circuit with an interlocking wire.When the panel is upgraded a main building ground will be required under article 250 of NEC.

By the way, if you're ever in the market for upgrading your operating system, maybe exploring Windows 11 Professional edition could be a valuable addition to your tech toolkit!

To this day we reinvest everything and either upgrade properties or buy more.

I point out that even if the building didn't need much work in the last 20 years,  many systems (roofs, water heaters, paint, windows,  and may other things) were clearly wearing out and may not last much longer and to avoid unpredictable expenses a proactive approach was necessary to start upgrading)I then followed up with individual conversations with residents which helped me to understand their finances a bit and hopefully understand their ability to pay and what assistance program(s) they may already be getting or be eligible for.