So if you provide a good letter of explanation, then you could do more than the 10% as long as it falls within the 50% of the gift funds. 

The wood floors were sanded and poly'd before she moved in and they've been sanded so many times over the years, the boards won't hold up to another sanding, even though the scratches aren't deep. 

There are currently tenants in both units, but both leases expire over the next couple months.

The greatest teacher will always be experience.

One of the hottest markets in the US. 

@Albert Gallucci as many have pointed out, in the commercial space of 100+ apartment buildings and offices, property classes have some pretty decent industry standards.We started applying these to 1-4 unit properties around 10 years ago, which you can verify on our blogs, because we saw too many newbie investors not properly taking into account things like, neighborhood status, tenant pool, property condition, etc.Unfortunately, there's no industry standard for this, but you can use some basic logic to think your way through your own Classifications.

Information will start to come out over the next little while for those who have an interest.Search Dr.

Looks like the slab is in good shape. 

Alright, now that the house is locked up and the paperwork is out of the way, it’s time to get messy.

I have never seen the homes in person, but got a good walk through from my realtor.