Class A- Brand New buildings with lots of amenities, good infrastructure & locationClass B- Building are usually older; priced less than Class A & need some updates/restorationClass C- Oldest buildings (20+ years); need significant maintenance; less attractive locationsWhere things become subjective is an older building located in a neighborhood that's changing for the better. 

Yea, the guide is a living document that I've updated several times throughout the years.

Here are updated links:Assignment ContractPurchase and Sale Agreement

Purchase price: $275,000 Cash invested: $45,000 Sale price: $400,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

If you update to max number of conventional units, you will be able to add an ADU for each conventional unit

I did that out of necessity with my first 2 houses and was able to buy in a nicer neighborhood than I could actually afford because they weren't updated. 

Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

Any updates? 

Would I still have to go through closing lawyers and get the deed updated to my name or LLC? 

Quote from @Hunter Hanlon Taylor: Hey, all, is anyone familiar with any good contractors near the Columbus, Ohio area who would be good for various updates I need done on my STR this winter?