Sounds simple but the few bankers I know keep laying down hurdles that are getting in the way. 

There's numerous issues; hole in floor and hole in wall, outdated kitchen, ceiling tile is coming off in portions, metal roof that screws need to be replaced etc...

Nothing like piles of dirt on carpets and brand new tiles being jack hammered out to make your day.

I have been analyzing a deal a day, and using 7-15% vacancy rate, but was not including some of what you layed out.

He trashed the place There were holes in the tile floor Not sure what happened to the front door?  

@Kate Ziegler Hi Kate, I follow RJT Carpentry & Tile on Instagram, Ryaan Tuttle is the owner, and he recently launched a handyman service in Boston.

It seems like a lot of RE layman that have cash laying around just go out and buy some rentals and realize how badly they suck.Has anyone had any experience marketing to people that may not actually be RE investors or hard money lenders but just regular people looking for a decent return compared to what they are investing in now.

It might take a bit of elbow grease and time to get it shipshape but the "investor" told me it looked pretty clean, all carpet and tile looked solid.

As Sacramento_Steve lays out, this is never a money maker at the current price.

I don't want to be one of those "I decided I want to do REI so tell me everything you know" newbies, so I want to lay at least a little background out to show I've done some independent study.