You won't have as many headaches with mechanicals being newer and you'll be able to get cash-flow day one if you're investing in the right market.

What downpayment % does your finance mechanism require?

Get this established up front, consider it a venting mechanism, so if one party feels frustrated they have a ready way to release it. 

In that case, you have to break down the rents vs. liabilities, show that the mechanicals, roof and everything is in good shape or have reasonable repair costs laid out, you need to know the appreciation potential, and the comps.

You can't see slanted floors, understand mechanicals, and know the smell of mold from your chair.

. ; it is not something that's uncommon like in the 80s.So if you see my reply, the single family can be used as "saving mechanism" as well as "generating income".

On top of that if your spending 65-70k I would assume your doing mostly cosmetics with touching up the mechanicals as needed which is a good starter rehab as well.

This could potentially lead to complications such as frozen funds when mechanics liens are searched and they see the 2nd lien.

Yes, it is a numbers game.They say... 1) Postcards are easier to get glanced at and tossed. 2) Letters have a greater chance of getting opened and read. 3) Hand written notes and envelopes get opened even more.You could spend about a dollar per letter mailed doing it yourself, or you could spend $2.50 or more each for a company to do it for you and maybe have "mechanized handwriting."

That usually means the units were renovated, but what about structural, mechanical, electrical, plumbing?