I've done alot of flooring projects and the stairs are always the killer.

Looks like you got a killer rate on there now, I am guessing that is from FRB?  

.- Most of the time, for the above reasons, the "killer deal" REO transactions are killer deals in terms of sticker price because the buyer is using a HML where it's ok that the property has it's plumbing torn out, etc.

If there is a killer deal that comes along, I won't be hesitant to sell some stuff off and do a 1031 exchange.

I don't want to be a dream killer...I mean it depends on your goals and experience

@Chelsea LingenfelterAs a bunch of folks have suggested already, invest in some killer photos.    

This one in particular would make a killer Airb&b.Plus my business model on this is partnering with a GC to manage the rehab and get us deals on materials and labor, then we split the profits at the end.

(Too bad, my first time visiting a Vrbo was in Key Largo but the regulations are a deal killer)10.

Didn't think about the business license piece, but that isn't a killer. 

Those are really cash flow killers and the deposit or sayrhino.com policy don't come near to covering the repair bills.