Sounds like that area is very pro-tenant.What vintage is this 28 unit??

In the case of having to sell as an exit strategy I believe the renovations could make up for the layout most of the house is still vintage 1970's.

I can't speak specifically to the markets on this list, @Chris Clothier, but I can say that here in California the vast majority of foreclosures are still in the 2004-2007 vintage loans.  

I think it is about 20 yo, it is a Kenmore and the washer seems to be similar vintage, that we got used some years ago.

I'm looking at a 1800sf duplex building here in North Central Illinois. Built in 1980. Both units rented at 575 apiece. List price is 130k. I've done my number crunching/calcs and the comps/analysis indicate similar t...

Therefore, I only invest in markets with growing populations, growing jobs, diverse industries, landlord-friendly laws, and a few other criteria.We buy pitched-roof properties of 70s vintage (at the absolute oldest) in acceptable condition without major occupancy problems.

Also need to see if rents are at, above, or below market so if that operator and the owner of the real estate cannot agree to new lease terms you can get a new tenant in who will.Example if I buy an 8 cap but vintage rent when lease was orginated was 25 a foot and now it's 33 but market rate is 20 then cap rate could drop to 7 with new tenant at less rent. 

Any advice on where to look to find comparable vintage ceiling tiles?

Example: Purchase price, vintage, unit count, type of asset, etc. 

Depending on the vintage (year of production) of the loan, it could have been highly inflated when originated.