Specifically 1995-2002 Fords.

@Trevor Wolski second for DS Huber.

I started in NYC back in the mid to late 70's when President Ford told NYC to drop dead and the city was in really bad shape. 

I cut this down a lot.  Used

@Nigel Ford as a quick calculation, 20% might be ok.

@Ryan Ford  one unit was fairly well updated with new floors etc, another unit was pretty beat up, we needed to repaint, re-carpet, and additional work. 

So here's the (abridged) story so far...Facts:Purchased Two Family in Belmar in April (Two Single Family Homes on One Lot) Using 203k loan with both homes needing "Gut Job"Confirmed Legal Two Family with Tax, Agent, Closing Attorney, and Seller DisclosureHired 203k Consultant (formal written agreement) to prepare a formal Scope of Work for Project with GC leveraging and singing offThe homes had indications of structural issues (through inspection pre-purchase) and all parties were aware before closingUltimately had to hire Architects with PE in-house to draw plans to repair structures using concrete slabsCalled Local Building Inspector and told him the profile of the multifamily homes and that we found major additional issues when demo-ing | He said he would look to only make sure they were up to current code.Spoke again before we submitted permits to tell him about the project and he seemed "fine" as long as it was up to code and just a repair with no foundational footprint change | No exterior walls are being moved, sq. foot remains unchanged, no floors added.The loan is FHA 203k so one of the units will be a primary residence (actually the back unit)Permits were submitted almost two weeks ago with only simple questions returned so far from zoning (the first step in Belmar)Issue:PE told me that he was surprised that town was allowing me to due to a rehab of this size considering the two-family structure has the "backyard" style home which they apparently no longer like.

@Graeham Ford-Feliz someone with many multiple units, someone looking to acquire more who they can represent as an agent, someone looking to divest who they can represent as an agent. 

@Alex Hill  I've got a boutique Property Management and Realty company in Kansas City, Lotus Key Homes. 

I advertised on Craigslist and I started slinging my push mower and weed trimmer in the trunk of my 2-door Ford Escort, bungee strapped down.