Every rental has the same paint color, carpet, countertops, doors, and etc.

Once rented you say goodbye to new carpet and paint.

The walls are getting dirty from the kids touching them as they walk, newly installed carpet in bedrooms is already stained, etc.

It is fairly new (less than 10yrs old) and needs light rehab of about 6-9K (paint, carpet, light fixtures, maybe appliances).

I guess my situation could be worse, but I have a great multifamily under contract which very conservatively needs about $20k worth of work to be 'nicely' fixed up- new stucco, paint, carpet, updating bathrooms and kitchens, etc.The problem is I already have an FHA loan, and won't qualify for the ideal FHA 203k program.

There was water damage and the carpet was removed and mildew on the walls so the bottom portion of two walls was also removed.Since there is no closet and window it can only be utilized as storage.

I get investors all the time looking for a property with just carpet and paint that want to pick it up for less than list price.The problem is that so do home buyers.They do not have to make the spread for a flip or hit certain numbers for cash flow.If the home buyer puts in carpet and paint and only picks up 5k to 10k equity with current market values they are happy.So to recap all things being equal many asset managers will take a chance on a finance buyer if it nets them much more.The asset manager might be telling the listing broker to work the finance offers to get to close and achieve a higher net.If the property needs considerable work that generally weeds out the home buyers as they can't get financing.

There have been some poorly done rehabs in the neighborhood I am working in and unfortunately anything can qualify as remodeled...including homes with stained carpet and 12 broken windows...ugh!

This will enhance your after-tax ROI and keep more cash in your pocket. 5-year personal property includes window A/C, appliances, carpet/pad and any floating flooring (not glued), window treatments, awnings, etc.

More cleaning, new carpeting, some work to the bathroom and kitchen to get them up to date.