And assume everything is a little worse than it looks given the tenant's stuff is probably blocking some problems and things like the carpet and paint will likely look worse when they move out.Lastly, is it necessary to go over asking?

I was figuring on painting everything and laying all new floors as it has some ugly blue 80’s carpet in it.

Plan to start small, buy a condo or townhouse wholesale that only needs cosmetic upgrades i.e paint, carpet etc.

By the time basement had 2-4 inch water and started flowing on carpets.

I am trying to find best way to find legit contractors specialized in certain trades (masonry, carpeting, kitchen/bath, etc...)

If people want carpet they can add area rugs. :)

The process is VERY messy and so the prior owner or other interested parties could have cause to reverse the sale.

Feel" the true beat of the portfolio's income and expenses performance before using leverage to speed up the growth of your portfolio.Using cash only will protect your bottom line in scenario's like yours when the properties don't perform as expected as you won't be on the hook to cover the mortgage expenses.Just my bias opinion so take it with a grain of salt.I've also witnessed many finger pointing instances when others get involved.Like a new property manager, realtor, contractor, etc...I've had my share of bad experiences with realtors that threw my company under the bus and got in the investors ear to flog it at any price just so they can make a quick commission.It get's very messy, painful and pretty much turns into a disaster with the investor not knowing who to trust or what to do anymore.Similar to what you post about has happened to me and my company many times and if allowed the opportunity, we do our best to fix and come good.Some loose trust and faith and I 100% understand, but as soon as someone leaves the wing of my company there is not much that we can do because as I mentioned above, everyone else get's involved, has an opinion and the situation get's very messy.Having in-house property management is vital when such a "crisis" arises.I tried out-sourced PM when we first started and it was a disaster.We had no choice other than to bring it in-house.Hated my life for the first 5 years with in-house PM and fast forward 10 years, it has become our "golden goose" and a very well streamlined and beautiful business.From what I've seen and read on the forum and elsewhere it seems like RTR has a good reputation and what you have mentioned seems like a "worst case scenario".I hope RTR will assist you the best they can and all I can say is learn from the experience and don't give up.Do your best to weather the storm and focus on minutia.Don't have regrets and don't spend too much time dwelling on the past.Glimpse into the past to get guidance from what you could have done better and think ahead.Move forward smarter, more experienced and better.Wishing you well and much success with your future endeavors.

New carpets, paint, interior French drain with warranty, new structural support beam in basement, 2 new full baths, and much more.

Eleven of the bookings we received from Evolve were under the age of our booking requirement, threw parties, that ended up with complaints from our neighbors, broken antiques, glitter in our carpets and vomit in our beds.