Lawn Care: We handle apartments, tenant handles if house Maintenance issues: Call us.

Then you clean and mow the lawn and get it listed back on the mls asap.

House WILL need a new roof, new windows, refrigerator, washer/dryer, lawn mower, water heater...

I have called to several code offices here in Birmingham area and no-one has a list of distressed properties that have code violations...that might be scheduled to be condemned, torn down, over grown lawn etc.

Not sure about maintenance, snow, lawn, etc.

Not sure about maintenance, snow, lawn, etc.

Misc: snow/lawn $100 per monthLocation: Lower incomes, typically high turnover, though relatively decent part of town.Condition: plenty of defered maintenence, older baths ad kitchens, roof needs in near future; condition reflected in rents.Misc.: potential for office use of 1 or 2 of 1st floor units, parking 10 cars, no garagesWhat would you pay?

Max Selling Price $160,000 Acquisition Cost 2: $110,000Repairs (estimated) : - $15,000 (Roof, Paint, Lawn, ETC, Ill get more info tom.)Four month Average.

Use an artificial cap of 7-8% and a 1.25 DSCR and take the lower of the two on a 65-75% lever.

Some people buy a house, mow the lawn and spend $20 bucks for a gallon of paint to repaint the front of the house and then relist it at $10k or $20k more and sell it.