I was unaware until recently just how bad the condition of the home is until recently when I sent an appraiser over and he said it was a tear down which a couple contractors have also now told me as well.The property is historical and has a county historical marker which it received after my grandmothers passing which we were not able to place yet.

It's a multifamily property located in the boroughs that is in B+ condition, and located in a A- area.

An offer is more than just a price - the seller needs to see your written offer, along with all the terms and conditions of the offer (escrow amount, financing terms, contingencies, dates, etc) in order to make an informed decision.As a listing agent, my first question would be, "Are you already working with another realtor?"

The property has to be in livable condition as well. 

Hoping she will be eligible for FHA loan So my question will be which will be a better option new construction in OK area or house built 1980 great condition close to hospital and a pool we can enjoy .

Since someone clearly sees me as "whining," I'll provide further context.As I mentioned before, the property was back on the market in the following condition:"HUD has set the minimum acceptable net to HUD offer amount for this property as 269,300.00.

. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!

Property was in very bad condition we did a full remodel.

Do what it takes to immediately get the unit in excellent condition for renting at top dollar.  

Finally something to think about, for some areas, if traditional travel is low, or sometimes to not be required to get conditional use permits (know your state laws), you can market to travelers who are longer term stayers… such as traveling nurses, corporate execs, pilots, etc.