. - i haven't initiated an offer on Orenco station property yet, but i could offer 10% lower than asking price ($290K) and close the deal for $265k if owner agrees. one thing which worries me is the $400 HOA on this property though it includes swimming pool, gym, etc..

Also salons and gyms ans theaters in others. it is unlikely to be covered, and you should have been applying for the PPP if you of employees and the eidl otherwise.

Property has Class 1 trout stream, is 15 minutes from Shoprite, Staples, Gold's Gym, Walmart and more. 

Once the property is stable then push closer to market in the coming years.So base numbers off of lower rents to be conservative and that rehab will take much longer than expected.This building sounds like pre- 74 so lead based paint remediation among many others things.If rents are at 700 market than calculate for instance 600.600 X 50 = 30,000 mo X 12 = 360,000 a year X .50 ( tenants pays utility ) = 180,000 NOI10 cap value 1,800,0009 cap 2,000,0008 cap 2,200,000At 14k rehab X 50 doors = 700,000 Nice meet on the bone there. 40,000 a door is 2,000,000Too much work for the return there at that level.You need to look at any short sales ongoing for apartment buildings there, foreclosures, current occupancy levels in existing buildings versus demand, and new construction permits ongoing for brand new product coming online in the area.The new product might have tennis courts, gym, clubhouse, pool house, electronic gates, playground, basketball courts, laundry in the units, etc.To add all those things and compete drives up overall costs.Contractor demand for the area is key as well. 3 to 5 years ago contractors were very hungry for projects.

It forces people to look at it regularly and be rewarded for progress mentally,,,,more than just buying a gym membership drops 30 pounds overnite(in peoples dreams),,,its easier to NOT do it than do it,,,unless your committed 24/7/365 Thanks for the GREAT info as always!!

I have a detached garage with a loft that it unused as of now other than for storage (not even vehicles) and a basement that I had been converting into an office/gym space anyway.

Listen to at least 50 bigger pockets on 1.5x to 1.7x speed in the car on flights, the gym etc. to see how many avenues there are out there.7.

All utilities included (water, electric, internet, tv & trash) as well as extra student oriented amenities (pool, gym, study rooms, etc.)For myself, I wouldn't even consider hauling my own furniture to school, up the steps, etc. etc. $50 per month was well worth it. 

If I'm doing anything physical, like walking around town, on the bus, or at the gym, I always am listening to relevant podcasts for me, or some of my audio books from Audible.

Cancel the gym membership... buy solar instead and walk some new neighborhoods .. maybe you will find a new rental.