YOU STEP THE FROG UP!

There are arguments for all, any none.Some people respond to a no name envelope as "what the frog is this?!"

Had everything figured out, I had all my T's crossed and all the frogs in my soup (I made that up, thought it sounded good here).My contractor stole money, left me mid rehab, and other poop I shan't mention.My point simply is this.

I think there are different investment opportunities in any market but you have to kiss a few frogs (maybe a lot) to uncover them. 

It will be the motivation once you realize you have to 'kiss a lot of frogs' to find your first deal.You can use the online forums for specific questions, gaining perspective and technical details.

It is a mid-century modern building consisting of metal-framed structure which is enclosed in terra cotta hollow tile bricks.

secondly, in terms of finding the source of the leaks, for the first room (pics with the two holes cut out of the wall), the leak was in the sink plumbing that has been replaced, so that is good. in the other room, i don't know what it is for sure. theres no signs of a leak from the roof, and theres nothing running under the floor. my guess is that there were just years and years of spills, or pets, in that room (a 1970s house) and it was never handled properly. in terms of subfloor damage, there is definitely damage in the bathroom beneath the tub, which will be replaced. i've never done it before, and i'm a bit intimidated by the task, but i think it is something i can handle, after watching others do it. just so were all on the same page, these pictures are just of the wood floors, and not of the subfloors. so theres no way you can see the subfloors from these pictures. there may be potential for wood root on the gray pieces, but the wood isnt soft, and it doesn't sound/feel hollow. 

Since block is hollow, you simply score the opening to cut through the "walls" of the block, and then use a sledgehammer for get everything out.The sump is likely an issue for the "new" opening; however, if you can adjust location slightly, installing a new opening is no big deal (assuming similar 30-36" total width in the block).

While I know I’ve got a lot to learn I do feel there are a lot of similarities between multi family investors and our business model of value add and accessing equity to leap frog into the next cashflowing deal.

You have to kiss a lot of frogs sometimes... etc etc.