I am working on getting the exterior painted and one of the units will need a full remodel.

I know that they're not painting the full picture.

The 5% down loan allows them to go the conventional route and most are skipping home inspections and have agents who are unfamiliar with the issues they can run into with Knob and Tube wiring, lead paint and older windows/roofs. 

And it was supposed to be painted as of today and the handyman has not even started painting. 

The great part is very little siding, staining, painting. 

That all paint's 1 very nice picture. 

. $30K should be more than enough for fresh paint and flooring and some other odds and ends, but if you need dry wall, cabinets, countertops, mechanicals etc it could get much pricier. 

People like to paint a pretty picture about how their investment is going. 

Not a major rehab - flooring, paint, and some misc. work  - not a full blown renovation.PS: I wish BP could really have a search function because the current one sucks. 

Apparently they have painted over it and it works fine....A third tenant recently asked me to come by to look at something in her apartment.