If it is block construction the engineers will make you beef up the slab and add piles to support the new weight of the second floor.

I imagine it's higher than a typical single family rental considering it looks like the host usually ends up paying for any damage caused by tenants due to a variety of reasons (tenant refuses to pay, damage happened in a common area and it's not clear what tenant caused it, etc.).- Rental loss - PadSplit claims they collect 97% of rents, but I've spoken to a few hosts who have said that a much larger % of their tenants get kicked out owing $500 or more in back rent that is rarely ever collected - what's your experience been here?

I have yet to see code violations, water shut offs, and fire damaged properties. 

I will take on all the risk whilst always making sure the property is in a selling condition at all times and professionally cleaned and maintained, and if there's any damages my insurance would cover it.

have seen this play with eastern Block women . 

Hoarding becomes a violation when it presents a fire hazard or other safety issue, attracts pests, or potentially damages the property.

Are you doing butcher block, quartzite or masonite for counter tops?

Hi @Rene Hosman -In a nutshell, I find motivated sellers and tenants with damaged credit (or ones without a large enough down payment) and work to put the tenants in the seller's house with an option to buy.

Clean it up a bit to get most bang for the buck add ons and preventative damage items like water leaks.

If you want a city, Philly can be done if you know where the blocks break.