@Jay HinrichsFamily is the cornerstone of a healthy and functioning civilization If you want to change the world, go home and love your familyGino

Keyrenter North Jersey opened this year, leveraging the proven processes, systems, technology, and infrastructure of the large organization, combined with the focus, support, customer service and local expertise of a small business.

Rents per unit are about 1K for long term tenants, although I'm likely to do STR or at least a combination of the two.

The combination of these factors made it an attractive opportunity for us.

You need to combine it with a consistent marketing campaign to make the most of these contacts.

In late 2002 I received a call with my contact at the commission who informed me that (1) the commission would be dissolved due to the Texas sunset Laws and its functions merged into the Texas Finance Commission and (2) the director of the Texas Finance Commission considers fractionalized mortgage notes a security.  

Long story short, cosmetically ugly and out of style is fine, not functioning isn't and WOOD ROT is a major no/no with FHA and VA appraisers.

However, where utilities are combined there is no easy way to estimate the cost because there are too many factors at play.

As far as my lender I started with small multi family and had met the woman in charge of residential lending at my bank over the years at various local functions.

In such cases, the property should ideally function as a flip, benefiting from either market appreciation or improvements ("forced appreciation") to maximize its value.