This deal fell through once before with a different buyer because the inspection revealed about 50k worth of work that needed to be done in order to comply with FHA requirements.

This deal fell through once before with a different buyer because the inspection revealed about 50k worth of work that needed to be done in order to comply with FHA requirements.

Enhanced Kitchen Finishes- Granite counters, stainless appliances, better quality appliances, fresh carpet; can enhance rents and quality of tenant.

Further research revealed that 3 properties on the same block as the second property were under an abatement ordered by the police and city attorney, due to many tenants being involved in drug sales and gangs.

My guess is that unit with the tenant for 17 years needs some love and is in no way comparable to a freshly turned unit that is setting the market rates

I definitely appreciate all the feedback on here and will provide value where I can.The only things that could hold up this deal will be revealed in the next 48 hours.

Compare this to any city and the Midwest and it becomes even more impressive that Columbus is exploding right now....we're the only city in the Midwest to experience growth during COVID-19...still retain AAA Bond ratings across the board, have a maxed out rainy day fund and a windfall of tax revenue.Columbus is becoming a hotbed of tech startups to include Olive (AI), Cover My Meds, Root insurance, and Path Robotics...Sequoia Capital has entered our city and providing venture capital for the first time in its history.Bottom lineProperties are still very affordable when compared to national pricesRents are starting to keep pace with purchase priceTop 3 landlord friendly state with no legislation on the horizon to change thisExplosive and sustainable job and population growthUnbelievable appreciation...30% year over price appreciation in entire zip codes is commonOh, and we're insulated from natural disasters...plenty of fresh water...and improving infrastructure 

If I had to type that information fresh every time, I would never do it and we'd have that many more uninformed investors in the world. 

People with higher credit scores pay their bills and are more likely to take care of things.I suspect their background checks will be revealing.

Get under the house to look at the pipes...fresh and sewer.Are the sewer pipes new?....