Hey @Audrey Sommer, is this in regards to overall condition of the home or highest-best-use of a property for investing?

What's the condition of the unit comparing to the market houses?

However, if both the price and the rents are distressed due to the condition of the property and you could do renovations and get both rents and value up that may be worth it.

.- Many of them have no clue of the actual condition of their properties and a decent percentage want to then sell.2) We have owners we terminate, that don't want to spend a penny maintaining their properties.

You can only do no fault evictions under certain limited conditions that must be indicated in the lease termination notice.  

Not sure why owners invest in rentals, yet do very little research on market conditions!

I've never had to use hard money before, so I am not sure what type of conditions are reasonable.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

The January 2025 report from the Austin Board of REALTORS® (ABoR) shows stable housing prices and balanced market conditions in the Austin metro as we start the new year.

Its def. not the apartment itself, they are in excellent condition.