of course with a good wholesaler the cream at the top is just that much thicker!

If they’re wood on wood you’d be surprised how easy it is to make doors and drawers not slide nice with a coat of primer and paint!

Physical condition: Beyond repairing any obvious visible physical defects, a fresh coat of paint, new striping in the parking field, and some basic landscaping improvements.

They are right if you did a color change, they would have to do several coats, and which take more labor.

Cons: my grandfather hack jobbed most repairs. leaking roof, stoop and porch need redone, lower unit kitchen needs complete remodel, 4-5 coats of paint on all walls, reoccurring mold in 1 bedroom and same bedroom needs insulation, upstairs unit you can hear anything and everything, all doors are original that came with the home, also have 4-5 coats of paint on them. small cockroach pest problem (not severe YET), Bathroom needs remodel and sewage lines need repair.

Seller hired a contractor who didn't dig deep enough to see the floor joists and only used thicker ply wood and replaced floor with laminate.

DO NOT USE A PRESSURE WASHER . the oil soaked into the asphalt , if you pressure wash it you will blow the oil soaked asphalt away , making a hole .Call a professional seal coat company . one that uses coal tar , or asphalt emulsion .

I am thinking about coating it from the inside, thereby blocking mold.

Good question @David Coats.

@Eddie SorrellIf those market rent #'s are correct, I would clearly explain this to them, and then recommend that you offer to do some minor upgrades to the units for those existing tenants.Put up a fresh coat of paint on the walls, pay for carpet cleaning (if there are carpets), do minimal upgrades to the lighting fixtures, and maybe even throwing in some USB outlets -all relatively inexpensive upgrades to your units that will help force appreciate the rent, even if they decide not to stay.