Im thinking it will be in the 7k range since its a mansard (barn) style roof.The other problem is the asbestos shingles... havent gotten contractor quotes back yet.

I think I stumbled onto the benefits of this construction style in management but am incorporating it into my future acquisitions.Tim

A lender runs the numbers and realize the investment is solid and they will provide 70% of the purchase price.Now you run inspections, appraisals, legal fees, environmental reports....etc...etc and incur 100k in costs in due diligence.You still need to tie up an equity partner/investor for the remaining 30%.Would you be asking the investors for 300k (the 30% on the $1M purchase) or would you want to ask the investors to cover the 30% + the "load" 100k?

We are electrical contractors so there is little difference, but there are some areas I can give examples:Homeowners want a Square D QO panel which is rated the absolute best for safety (and has been for years), rentals want Homeline or low end equivalent.Fixtures can make a huge differece - $4.97 Home Depot special for rentals, selection process for Homeowners (HOs) to pick the perfect fixture as per their individual tastes.HOs may want Decora style switches or receptacles (sometimes in screwless plates or specialty colors), REIs want economical, standard in white or tan (stock).REIs often have very little hand-holding.

The one I have my eye on is a triplex town house style, built in the early 90's, two bedroom 850sq ft. each.

Maybe it would be based on renewable energy and environmental interests.

The property is a triplex, townhouse style, vynl sided double pane windows, roof is three years old.It was built in 1990Each unit has two beds 1 bath, 850 sq ft and 2 parking spots.

Bryan,Did you just have investors show up at the auction style open house?

If Obama is elected it will likely be the end of liberalism as people will see first hand how liberalism is the greatest asset to Chicago style crony politics.

We face an environmental meltdown as well as an economic meltdown.