Weird set up but I guess not all that uncommon in that area for older homes.

It is not uncommon to see re-painted and re-floored homes in my area still have this smell and the only two paths I have heard success stories with to remedy it are:- repaint with an appropriate primer (meant for heavy indoor smoke remediation)- ozonationThe hoarder cleanup crew I got to interact with recently sung the praises of the ozonation process in their service and told me that they actually have to go back and add lemony scent after the fact because the smells . . .

It’s not uncommon for these accredited investor deals to have 15% - 25% ROI.

Sorry if that seems like a weird question but in NYC 700k down payments aren't uncommon!

From my anecdotal perusing it's not uncommon at all for them to be on 1 year+ and it's not even uncommon to see them delisted and relisted on an annual basis. 

This is absolutely fair but the town is full of homes that are over a century old so this risk is not uncommon. 

when it is in good shape I don't think it hinders any renters, but it's also not uncommon to see them get banged up, cracked, and otherwise rundown and then they look pretty raw and unappealing.I'd say if you're able to keep it looking good over the long haul it could be a solid option. 

You could easily turn $50K into $100K (or $100K into $200K) as A 2.0x equity multiple is not uncommon with value-add commercial multi-family syndication.

When you target these situations, it is not uncommon to have a property appraise 20 - 30%  - or even more (90% on the triplex we bought last summer) - above your purchase price.Now to ground this a little, when we acquire such a property, we do so with the knowledge that we will likely be spending a large amount - often more than the acquisition price - in retrofits during the first 2 - 4 years of ownership, so any captured equity we acquire with the deal gets ploughed straight back into the property itself.We never try to get our lenders to ignore the price we paid for the property ... they absolutely love it when you bring them a property which appraises 20% - 30% over the amount paid as it makes their position that much more secure.  

uncommon problem but expensive fix if there is a problem.