Also cash returns tend to overstate the real return because not all depreciation is "paper"; depreciation is supposed to (and to some extent does) proxy that the property gets worn-out after a while and you'll need to spend additional money at some point on capital improvements to keep it in shape to be rented-out.Also how are you only putting 6.7% equity down?

The house is in good shape but has not been updated since the 2000's. 

The home is small and appears to be in great shape, not looking to break the bank for the inspection.

I buy houses in bad shape all the time as do many here on BP.

I ignore the Zestimate as I find that it overstates the value of tax sale properties, which are generally in worse shape than the comps Zillow's algorithm is using.

My brother bought a health club membership 2 years ago, and still complains about being out of shape!?! 

Lindsey here, VP of Marketing at BiggerPockets. We're building a new product, PassivePockets, so you can more confidently find, vet and invest in real estate syndication opportunities. Take this brief survey to help u...

As a local Realtor and investor in Branson, I've witnessed firsthand the ebb and flow of trends that shape our local real estate market.

Hey fellow real estate investors,I'm Dennis, and I'm on the lookout for like-minded individuals who are exploring creative strategies here Raleigh NC.One experience that truly shaped my journey was navigating a challenging pre-foreclosure purchase.

They left the place in great shape, but lived there 18 months.