Education standards must be raised so that students actually use their heads for something besides hat racks (allowing them to actually earn a living) and have ready access to birth control (all types of) so that some mistake doesn’t derail one’s entire life.Slow down immigration, too.

The excitement then went through the roof and the owner wanted to do three or four at the same time and the next thing you know the whole ship went down in bankrupt.Just something to think about. 

A kitchen fire in the back unit got a little out of control and burned up to the roof.

With foundation issues, one could have plumbing, drywall, flooring and even roof issues and alot more.

It had some deferred maintenance and I put a new roof on and fixed a few things.

Luckily I had war fund saved up for the HVACs, roofs and foundation repairs I needed.

Maybe a new roof put on my Ralph the nighttime roofer?

During your initial walkthrough, inspect the property for any major issues such as structural damage, roofing problems, plumbing, and electrical concerns, while documenting all cosmetic and functional issues with detailed photos and notes.Once you confirm the property’s potential, finalize your ARV and calculate the repair costs using either a reliable estimator or insights from contractors.

Actually, a friend once mentioned a unit in Eugene that had to be re-leased after a nasty storm tore off part of the roof.. it’s gritty, hands-on stuff like that which rounds out your perspective.At the end of the day, you don’t need a flawless blueprint to get started.

Also the value (in this case) is determined by the NOI, so assuming it will be worth 2x, is assuming your NOI is thru the roof (which is can be, but it's not likely in the first 5 years).