This sewer line runs under 2 of the other subdivided lots that were intended to have houses on them about 400' away and ties into a city main 1 block away from the houseOct 2008 - I purchase the home and everything is great, assuming all is per plan.2010 - Developer sells one of the lots that my sewer runs under to the water district for a future clean water well site. 

Seems clean, visually appealing and somewhat updated.

I get it if you want to take sub to just long enough to clean it refurb and sell but as a long term investment strategy its STINKS.

If the tenant does not clean up large trash items in the backyard despite repeated requests.

Newer appliances, free nice laundry, 2nd floor, yard space, storage, clean bathroom, included heat, installed window A/C.Appraisal suggested the unit was worth 2,300 a month, which I felt was a bit high, so I listed it for $2,150 with no move in fee and a 2k deposit.

I've got a cleaning/replacement sheet.

In 2019 my mission beach units had average revenue minus cleaning of ~$80k.  

Plumbing: The plumber spent hours cleaning out “flushable wipes” from the pipes.

Over the last (3) years I have seen some extreme cases of expedited equity where an investor buys an older home or "Ugly Inventory" and then bats clean up on the ARV in 12 months.To give you an example I helped an investor refinance her home in 2023 pull cash out to buy a $65K home all cash.

They were unable to do so and have ostensibly walked away from the project leaving their partners to clean up the mess.