Many have tried to work around this, many getting nailed for it. 

Especially since we were still trying to nail down how we were going to finance it.

Your help is greatly appreciated.Thank you@Brian Eastman hit the nail on the head.   

I've seen landlords want to charge for a repaint or to charge per hole in the wall for nail holes when each nail hole might cost $.01 to spackle and paint. 

Hi, Well, you need to nail down every single home in terms of location and property type.

I’m not sure how much demand there would be for mtr in that area, I’d definitely nail down some comps for rent before I spent the money furnishing it.

I'm just outside of Atlanta, and am looking forward to nailing down my first rehab job.

(Seller needs the equity out asap, so seller-financing is out)As for the deal itself:       Located a few towns over from me (but not far enough where management would be a hassle), right near the better part of the borough, near the middle school, very close to stores & very close to where new construction is being planned & the area is on an upswing.2 - 2 bedrooms (1150-1200/each)4 - 1 bedrooms (850-900/each)Going inside it this week, but from my walks around the outside, I'm ballparking about 100k in renoSeller asking for 200kTaxes as-is about 6500Seller states all zoning approvals & site-planning have been completed, only thing left to do is pull permits and put nails to woodAs of right now, my immediate plan would be to sit down w/ the commercial people at my lender's, assess my standing, and start all the other due diligence common with a typical, residential purchase.

We're all just guessing at numbers (folks probably have it pretty much nailed) but it's always a good idea to post numbers if you'd like help with analysis. 

@Ramsey Blankenship, I think you hit the nail on the head: (previous) "property condition".Its new appraisal should be GOOD - for the same reason: (updated) property condition!...