Fresh paint, new carpet, replacing flooring, shiny new faucets, replacing light fixtures, etc. go a long way in their eyes, cost very little, and in most cases can be done in a day.I think your heart is in the right place, but you have to think like a businessman, not a friend.

Lots of fresh content, too.

While you will not have as many expenses in the first few years of a freshly rehabbed or banks new build,you will have them eventually,thus, the rule is in place for the long term.That said, this rule is again, an average and to be more precise, the rule for single family to 4 unit buildings will likely average closer to 45%, but apartment buildings were also included in this rule of thumb and thus!

They come there for vacation and make fresh meals with food and herbs and enjoy the beauty and peace of nature with the streams and woods.I have been meaning to visit him again but have been really busy.

It's listed at $19,900, is a 3/1 and from we can tell it needs a furnace(stolen), appliances in the kitchen, a fresh coat of paint a quick clean up.

Neutral, fresh paint3.

And either find a cheap apartment or get into a duplex asap after finding a tenant for the house.Im thinking that I should sell the house so that I can start over fresh inside a duplex.

Question 1 intended to uncover any attachment to the house.Question 2 should get her thinking about some of the nasty things that happen to houses either by weather, neglect or vandals and squatters.Question 3 is intended to reach into the depths of her mind to reveal her thoughts about the future plans for the property and if it's a burden, etc.

I was more thinking an influx of fresh restaurants, some more music and bar venues, some art & pedestrian stuff..

Since you want to do buy-and-hold, listen to my podcast interview as I reveal my worst investing mistake (I bought a 36-unit apartment building) and how I turned it around (by buying a 100+ unit apartment complex!).