They are getting scooped up, mostly by Austin investors (empirical observation from investors I've talked to and worked with) getting driven out of Austin by the skyrocketing prices.Hit me up if you have any questions about the local market.

Cheap rentals require cheap repairs.One interesting thing I just observed is that over a 20 year period on a sfr my monthly cost for maintenance, cleaning, repairs and capex were $171 pm while a duplex during the same time had a monthly of $195; only $24 higher for the extra unit.The big thing though is that the sfr has appreciated at twice the rate as the duplex.

Not intuitive to the casual observer.

general observations:65k for the items listed is way, way too much. even with the kitchen/bath, i think it's crazy.once you sense there is something going on, you have to let him go. dont jump the gun, but let him go first chance you have.he might put a lien on the house, so be careful there.good luck.

@Kristen WallJust my personal opinion : It was not the local REIA club, but biggerpockets networkingFYI - Local REIA clubs here our great place to network and learnHands on learning :~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~I have not mention anything to Dawn yet, but I have communicatedwith a few local biggerpockets members here regarding what I have observed as great team work.Through biggerpockets : I believe here in Milwaukee / Waukesha counties a great team could be assembly between Kay, Orlando, Brian, and possibly Dawn.

However, based on my observations she doesn't stay in the property when she's back home - haven't seen turnover with cars, any activity like it's inhabited, etc.* has a local person who can keep tabs on the property for her* she "had it appraised" 2 years ago and is asking about 100K more than the appraisal, and about twice as much as FVM for what is selling in the area.The intriguing thing with this property is that there is acreage that goes with it.

But, it has not been my observation that skilled and unskilled labor is difficult to come by currently in Denver.

While we are in the unit we are also observant and we sometimes catch a lease violation.

Maybe I'm lucky, but that's my experience.Hi,Thanks for that bit of constructive observation!

So my offer would be in the $100K area barring any repairs I observe.