It's ugly as sin, but it's in the closet and won't be visible often.

Often, they may volunteer a higher amount than you were hoping for.

Hey @Andres Triveno, this is always a loaded question and there are different answers.I agree that most often what @John Underwood and @Collin Hays said is correct.

The home we have now in Lakeland, TN (near Millington) is definitely Class A and there is a large volume of transients that move through the naval base, FEDEX and other like jobs that our neighborhood of 400+ homes hardly ever has ever rental openings, but there are often multiple homes for sale.We think if we can maintain the right type of tenant we will be fine.

Usually when they transfer from one LLC to another, they aren't finishing the job and are burying something since LLCs often don't do seller's disclosures as well.

@Ben Azubuike it's technically too late to add anything else if you've already signed a purchase contract.You can try to negotiate with the seller for review of:LeaseRent LedgerTenant approval criteriaAt closing you also want acceptable copies of tenant's: DL, SSN, paystub, bank statement, phone & email.

These agencies often cover vacant or under-renovation properties.

You can really go either way, just depends on the type of tenant you want to attract.

I work with many investors in North Georgia who are building their portfolios with long-term rentals, often by purchasing distressed properties or those that need a bit of work.

Potentially Higher Returns: Real estate often yields higher returns.Cons1.