From my experience, a lot of homes can be repaired unless the whole house is tilted, their majority of the studs are rotted due to pipes bursting or significant horder damage.

Here are some pros and cons in my opinion:Pros: Desirable area, potential for 3 legal 2 bedroom apartments, new hot water boiler, shingles are ~5 years old, separately metered, lot is sloped toward back of building which allows for basement in-law suite to exit to ground level in backyard, seller to provide fire retrofit, parking for at least 4.Cons: Hasn't been updated electrically (2-prong plugs and 60 amp service), concrete stairway needs leveling (tilts toward house), in-law suite is not legal unit, older finishings in kitchen and bathrooms (and plaster walls).The list price is $399,000 but I wouldn't want to pay/offer this much.

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.

But a new vinyl window in a buck, double hung, tilt-out double panes filled with argon and E-coated, comes in at $189 for the largest window I have to replace.

Don’t go full tilt on the next one.

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.

Miami, same like Hawaii, is a very special market, they should not be used as comparison because of their unique status.They really tilt the average metric that's out there.  

As long as there are a ton less savvy or under-educated investors (be it stocks, bonds, RE etc), the markets will be overly tilted to GPs that never really are at risk to lose any capital, even in a crap deal.

The realtor informed me it is a pier and beam foundation and the inspector said it had some tilting piers.

While holding the phone stable at your chest, tilt it down just a little to capture more floor than ceiling