One looks like it has a huge 2 ft hole punched right through it like if a wrecking ball slammed into it.  

Rare is one that will take one on contingency unless they are in the car wreck business you know the sign's you see up an down the freeway.. or SS disability were Lawyer fee's are set by law.

And the others are correct about the HOA costs can wreck a cashflow. 

Whether through a local agent we are using or purchasing through Roofstock we do not want to have to put in more than 5k for renovations or rehab after purchase so turnkey providers where you buy wrecked properties and then rehab them is not our strategy.

Maybe less, maybe a LOT more if anything major happens, or the tenants really wreck the place.

They were traumatized by driving past a car wreck.

It's on a slab, and tile is able to soak up the punishment.Laminte - look how good it'll look the day the tenant decides to mop the floor......laminate just gets wrecked, which is why we use a floating vinyl plank flooring (glued edges) for all the non tile and non hardwood floor units.I would only use laminate if I could be sure the tenant will look after it (which we have done recently (wood engineered) for one of our social tenants and their 'forever' home).

If you already own a bunch of properties, that are cash flow positive, but your DTI is wrecked, I'm going to guess (I could be wrong!)

I will up there 6/6 to 6/8 to hang out with friends and watch the train wreck of a band Gun's 'N Roses.

It was like watching a train wreck or car accident in slow motion.