They will not accept things such as flushable wipes, personal wipes, baby wipes, paper diapers, sanitary napkins, tampons, wads of toilet paper, dental floss, balls of hair, paper towels, newspapers, grease, oil, table scraps, bones, clothing, rags, sand, dirt, rocks, or children’s toys.

I have another that would take a contract written on the back of a napkin.

When you know what properties you’re looking for and you know what markets you’re comfortable in, then you build systems that help you find a property, run your “back of the napkin” figures and decide if you want to write an offer and start doing some serious homework.

Not the most sanitary but I'm sure it's there for medical reasons a person may have. 

Most of the logistics with running a sanitary line is a problem if adding a bathroom.

I use 15% for all of the above as a back-of-the napkin calculation, but some people will think that's too low or too high.

Even using just simple back of the napkin numbers and no leverage, that $800k could be earning you north of $60k a year in cash flow if it were invested in 8 turnkey props here in Birmingham (just using as an example for reference, your money can be working harder).

Same with sanitary and storm pipes.

I also think that having hair and trash in the bathroom floor is not really sanitary.

your projecting best case.I would take 60% of gross for back of napkin and if it still works then do a deeper dive.those type of C class properties are going to have lots of turnover.. and your probably not going to turn a unit for 300 bucks.