I have heard the same speech about contractors.

I have another multi with some flat roofing that continues to leak after repairs so need to strip & add elevation for efficient drainage probably $2k if we do it ourselves.The $25k price may be close to break even (ARV $110-120k) if the complete rehab goes way higher than the $70k & they ALWAYS do.

Or if I was doing a seasonal rental again, I would elevate the rates and go for the 4 month tourist season.

There is a chance that they will be at slightly different elevations from each other. 

I'm in the process of having an architect do some elevations to talk over with the city and the bank, but I'm not wanting to pay for the full design until it's been confirmed to me that we are on the right track.

The first one was the most difficult but once you elevate your normal to having the confidence to purchasing properties everything changes.

Perhaps I should have phrased my previous comment differently...Of the facilities that accept Medicaid we visited in our area, none met our requirements.We chose a nearby non-Medicaid facility that's about $5.5k/mo for 2 ppl in a 2-room suite including elevated level of care. 

Going to take it up to about Class A-, were it not for the lack of elevator, which would take it down to B+.

Today I got a call and had the following conversation with a seller that sounded pretty desperate to sell, judging form his tone, and his speech. 

Usually "after I do a walkthrough" would be part of that speech, but not in this case.At least in our area, getting the keys back is very helpful from a legal standpoint (clearly shows tenant has given up possession).