Without comps and a credible assessment of the condition, it could be a grand slam or  possibly 80k over what you should pay.

Michael’s articles are excellent and provide valuable insight into taxes for syndication deals.

There are some excellent posters on BP but occasionally some go beyond what I think is appropriate for lay persons.

However I have great units and we provide excellent customer service so I generally have little turnover.

Income properties are an excellent way to start building your investment portfolio.

The BRRRR method and house flipping are excellent strategies, especially for building capital and growing your portfolio.

Quote from @Heidi Fischer: This is an EXCELLENT post!

you can open it on excel, numbers, or google spreadsheets.

Basically if there is no "living room" and there are no comparable properties with similar square footage and bed/bath count in your area the property becomes difficult to comp or sell and lenders will not be able to use it as collateral for a loan Excellent point.

For those looking to scale their portfolios, now might also be an excellent time to secure funding.