Simple is often the best, however. (3) It depends on the project, such as the vintage, the scope of the renovation, market conditions, etc.

LindaI am a developer based in Cypress, Tx and I office in the Vintage.

I am sure the passing of that time has afford some fantastic wine vintage for us to share at the party.  

The house is full of junk (typical FC) but other then needing 3-4k in paint and carpet it is ver sound (roof might be older but looks good for at least a few more years).So here is our situation:Bought the house for 12.5k, Rehab 4k MaxMechanicals good (other then older roof) Water heater is newer, furnace is decant vintage, actually has central air.Rents are $1,000 a monthResale price estimate list for 60k sell for 55k less closing costs.So do we put this in rental mode with a PM and cash flow it or sell it and go see if we can find 2 more in it's place.What rules and guidelines does everyone use to evaluate deals like this?  

These are typically 1980s vintage properties that have not been upgraded w/the times but w/a solid business plan you can close that gap.  

They are of a vintage green color .

Srsly, here in hipper-than-thou Seattle (and esp Portland, om*g) the millennials really appreciate the vintage look, and if you're in that college sweet spot area, it can be a real selling point. 

I collect antique and vintage furniture. 

Homes are all vintage 2011-2013 and seem to be in good shape.

Turner article: https://www.biggerpockets.com/renewsblog/2015/10/1...In fact, just knowing what I do about the state of Alaska, its building cycles, and housing stock, I would guess (and I could be wrong) it is an 80's vintage 4 plex, perhaps with T1-11 plywood siding?