How about fixing the forums and creating a functional site search tool first???

Just because they're an LLC shouldn't mean that they don't have responsibility to make the property whole and functioning efficiently.

Based on customer service, website design and functionally, any problems, tech support, company philosophy, etc.....?

They also mentioned getting reimbursed for the months they paid rent where they didn't have the bathroom functional.  

@Sokhna Wade- listen to 100-200 BP Podcasts- read Brandon T, David D, J Scott, Scott Trench Books- use these forums “search” function to find your answers- pick a 1% rule market- know your purchase price, actual market rent, and taxes.- put the deal in a BP calculatorAs long as it’s decent, buy it!

I think future house prices (or rent prices) are more of a function of population growth, economic growth, money printing and available housing (or rental) supply vs demand.With new builds having ever-increasing prices it would also make sense in the medium-term for prices to correct.

CapEx growth is a function of inflation of construction materials and labor cost.

The justification I have for it is that virtually any other investor who hired us to do work would be getting the same amount of work done and paying my rate as well as my employees rates... functionally putting them in debt the same amount I would be-- and since I am doing the work of scheduling, ordering materials, overseeing, carrying insurance, quality control etc. etc. it makes sense that I be paid for that work, even if I am my own client. 

Basically it was "economically and functionally obsolete"So with your house,  the main question is if you are going to spend 50-100k on major renovations,  will the home at the end of  your planned hold time still be economically viable as a single family or duplex?   

If it's a basically functional and complete home, and you will have a bunch of equity, a cash out refi or HELOC would be significantly more cost effective (rates/fees) and easy (paperwork, back and forth, closing time, etc) than a renovation loan.