Yes that is median for a mid century home around 2000-2800 sq ft., not necessarily remodeled. 

For centuries, land / real estate investment was always considered speculation. 

Washington and his triangle hat buddies didn't foresee a worldwide Covid Virus, so to the landlords the burden falls.It seems like 21st century problems with solutions from the 1700's don't always get solved equitably. 

In one instance, our borrower (flipper) was selling a mid-century modern home.  

Welcome to the 21st century...and please tell us where are you hiding the time machine you travelled from 1912 on...

Purchase price: $921,000 Cash invested: $150,000 A vintage 1957 mid-century modern renovation brings to light the best of the classic vibe of the 50's with all of the modern conveniences of the 21st century.

So do the updates and being it into this century, but keep the good old stuff that makes it unique.

I have a Century 21 CRE agent who'd like me to sign an exclusivity form, but since he's the only person I've talked to so far, I'd like to make sure I know what I'm getting into before signing anything. 

Purchase price: $365,000 Cash invested: $55,000 Sale price: $539,000 Beautiful block home in a very nice pocket that just needed some 21st century cosmetic updates, simple layout changes to make it more open and a roof.

I feel like thats tactics from the 1980s being applied to the 21st century.