Clint - I think what Jay is saying here is that the form and function of your question reveals that you do not yet have the intellectual worth which would make you appealing to money.

That doesn't count (and I had to sign something that I would never reveal how much money I walked away with).2) I use to be the king of the short sales in 2009 until they passed some laws that basically made going after pre-foreclosures very risky.

Not sure what lesson I learned as flakey board did not reveal itself for several days after install. 

These appraisals should reveal both an opinion of value, and let you know ahead of time if you will have issues selling and/or refinancing them.

@Ben Dao Will do Ben!

He told me that a local community bank (wasn't willing to reveal which bank it was) in Atlanta metro area allowed him to use his free and clear single family properties as collateral for multi-family financing.

There are openings in the upper west exterior walls where electrical conduit was removed.10.The stucco in these areas has not been repaired to prevent moisture penetration and deterioration.11.The front unit has issues flushing the toilet, which was confirmed with a tenant, so camera scoping of the drain pipes was performed that revealed damages and blockages in the pipes.12.Deferred maintenance on multiple items: cracks around windows and pipes, gas pipes are not supported, pilot lights in heater units were not lit, a water heater unit has no ventilation.I hired a plumber to scope the pipes (please see his report in the invoice attached and photos); a roofing company was hired to assess the damage to the roof above the middle unit only (please see proposed work sheet); a general contractor has inspected the settlement of the wall in the second unit due to the damaged frame.

Keep in mind that no one has x-ray vision and stuff will always be revealed once walls/cabinets/tile starts coming down. 

If your research reveals your potential tenants are members of a protected class and you don’t offer them the rental unit, you could be exposing yourself to fair housing complaints and lawsuits.

Fixing it may reveal other problems that need to be fixed.