Damage and ware and tear are entirely different items but must be inspected on a shorter time frame to be able to adequately determine to be excessive ware and tear.

Infrastructure has received less than adequate maintenance for many years. 

Smokers are not a protected class, stating no pets doesn't discriminate against anyone and requiring adequate salary to pay the rent isn't a problem either as far as I know since it is not a section 8 property.

With the additional property, a hard-equity lender will close the loan because the collateral is adequate.

-It’s hard to say that a certain dollar figure is adequate without knowing what your policy has for coverage as well as any key exclusions.

Will you have adequate income and credit to swing a bank loan in say, two years?

While this sounds like an adequate entry for little money down, understand that your rates will be in the double digits.

The missing element with these 2% properties in an IRA is adequate property management.

I would have to know how far off the asking cap is they are wanting and how many basis points the cap is moving each month and in what direction.I would also have to have an iron clad listing contract that could not be terminated early and give me the adequate time to sell the property as the marketing costs could be very high to take it on.Usually the big commercial brokerages use a tiered system where if we have both sides it is one price and if their is a co-op the total fee is higher.That big of a size maybe 2% total as a package but if the properties get sold individually then total commission percentages go up as more work is involved and time.

From my guess a paint job and a few replaced appliances will be more be then adequate then rather selling it, paying fees and taking a loss in price