Then you should put together a pitch-deck with a sample deal, so you can talk with people about something concrete - i.e., "If I found a deal like this, would you be interested in investing?"  

We were "driving for dollars" and found a house in our neighborhood that has all the signs of neglect: tall grass, exterior needs painted, no deck on the back and sliding door is sealed off.

I'm talking about the 15-page or so pitch deck for your multifamily syndication business that you use to initially show to potential investors to get them excited about you and your deals?

We recently bought a 5-unit building on NW Kearney Street (right by the hospital) and have an opportunity with our largest unit (+/- 1500 square feet with a private deck and parking spot) to update from a 2/1 to a 3/2.

How do you decide that the deck is worse off than when they started?

Also, there was a structure in the back yard on a deck.

I decked both of them out in clearance white linens and lots of pillows. 

The inspection brought to light many more expenses than we had anticipated: chimney collecting water and needs replaced, roof needs replaced, even decking is wet and needs replaced, insulation is wet and needs replaced, and drywall will need replaced.

Neal, the best thing about it was built in deck hands and bright works monkeys.Yes for me real estate was a key. 

They were keeping their trash in bags on the back deck and my husband and I observed and took pictures of rib bones spilling from a torn bag (lease says they have to have containers).