There street has a majority of mixed use buildings.

Doing a rescope will show you if there is any major concerns.

This allows me to make a full decision knowing the nature of the repairs, cost of repairs and have the ability to back out of my offer if there is a red flag or major foundation problem that increases my repair costs dramatically higher than I anticipated.

Positioned near land we own on West Concord Street, which is slated for a major development of 12 patio homes and two duplexes, this property is central to a broader strategy of enhancing value and transforming the area.

Let me know if you have any specific questions you have about my strategies and I'll do my best to turn your post back into a productive exchange helping you succeed.

It solves these kinds of issues is a VERY simple way allowing you to focus on other more productive things. https://a.co/d/edtWLq7

I tell a lot of clients "Just because there is a product, doesn't mean you will like it" lol!

If the mortgage product affects the answer, it would be a traditional investment property mortgage, not a DSCR loan.

If you want to use a PM, find one specializing in your product.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.