What if it’s $200K, should we escrow, etc etc. that’s the conversation they’ll be having instead of ‘did you see that great kitchen, etc’.

If you focus on appreciation vs cashflow and a large expense is needed to repair the asset you may be having to come out of pocket (vs cashflow) to make the repairs.Good luck!

Some of my best tenants have a dog(well behaved, loved, friendly) and there are no issues.

This looks to be a pretty good opportunity.My only feedback would be.... have you verified rents post rehab?   

Something didn't seem quite right so he did a little bit of digging and found us because we were the foreclosing lender on the borrower's last residence.When I explained how the borrower behaved, the landlord saw that the likely outcome of renting to this individual would result in one or two months of payments followed by a lengthy eviction process.

However, I’m not sure how comfortable people will be having to share restrooms like that.

Even the judge found that ridiculous and ordered us to "behave as adults" and to come to terms.

Even the judge found that ridiculous and ordered us to "behave as adults" and to come to terms.

He knows I cannot proceed with eviction and behaves as if it is his house.

I will also be have different types of strategies for the deals I come across of each month.