Just want to mention that sometimes it works out better to raze an existing property down to like 2 studs and rebuild around it so that it still is classified as a remodel versus a complete new build. 

National banks typically do not offer products that suite your needs here. 2.

So, you are not at limiting your self when buying a new property.

PMs cost a lot so if you can find a way to do it without them then great.

I would do some updates and add some color on the walls and maybe throw pillows etc.

Those are the 2 avenues of research you need to do as your due diligence. 

I didn't have to do anything to it.

Instead, start by sharing why you’re interested and ask questions to understand the seller’s motivation like, ‘Why do you think it hasn’t sold yet?’

It wasn’t easy—there were tons of repairs needed, from plumbing and electrical updates to cosmetic fixes like flooring and painting.

My parents had a 3 family growing up and I used to hate going there on weekends but I learned a lot and it obviously stuck with me.