They are properties circulated to long lists of unsophisticated buyers and if you are the highest offer you’ve likely outbid a bunch of prospective buyers who underestimated their improvement costs or overestimated their ARV while most likely  proceeding without the ability to perform normal transaction diligence.

"Buy when there's blood in the streets, even if the blood is your own." - Baron Rothschild "The way to make money is to buy when blood is running in the streets." - John D.

You/Me need to become the absolute experts on this--its your blood sweat & tears. 

And the fireplace can circulate heat on both the first and second stories.

And the fireplace can circulate heat on both the first and second stories.

They're not the ones who sweated blood into the place, so no offense to management companies, but I can't see going above 10% or 15% at most, assuming nothing major happens etc.I will look into those calculators, thanks, good idea.

I've seen some simple templates circulating the internet and this is nothing alike.

Investors are a little bit like white blood cells in a city - they clean up the properties nobody wants or is able to take on.

Because if the mechanicals need protection from the locals, the renters must feel the need for protection from them also.Just my 2 cents. the issue with dogs is the windows are removed and the metal window coverings have holes in them to allow circulation. so in the winter in Chicago its freezing in those houses so they have to use portable lights and portable heaters to work inside.. its truly a shame that its come to this for rehabbers and builders..

I have heard on the street from others that syndicate multifamily there is a blood bath coming and in process.