As long as your kitchen and bathrooms are in good condition and functional, there’s no significant ROI in fully renovating them.

Note though my comment has always been prefaced with the condition of high LTV loan.  

Evictions usually take an extra two weeks to fix up due to property condition.  

We leveraged our expertise in property evaluation and market analysis to secure the deal at a favorable price of $93,000, ensuring both parties were satisfied with the terms and conditions.

Purchase price: $465,000 Cash invested: $125,000 Four Family Property bought in an exchange, was in fantastic condition with just one unit that needed to be made rent ready.

Thorough Research: Understand local market conditions.2.

Drum) and I are running into is with our agent - he is very down on the Watertown area with rental laws, the tenant pool (aside from military) and a lot of the properties we have been looking at (condition wise). 

It also might be wise to speak with your escrow company about how they intend to handle the LLC in its closed down condition with the state due to non-payment.Good Luck!

Trust me, some brand new contructions buildings are in way worse condition after 2 years than an unpermitted flip.

REOs always need wok, and many are overpriced for the condition and time being vacant.The low interest rates and the mortgage forbearance has reduced the volume of foreclosued properties, but as time goes on there should be more REOs hiting the market.