If we were to put it on the market again, I'd estimate at LEAST $10k to get it market ready for new carpets, appliances, paint.Knowing the condition I rented to him before, currently it wasn't anything I could make a case that wasn't "normal wear and tear".If I don't take this into account, I'm over-shooting for a client that is underinvesting ........and there will be negative return on his investment home.

I've done some rehab work with friends & family including tear-downs to the stud.

I make it more appealing by offering a refund at the end of the lease if there is no detectable pet-related wear and tear, including that which might be considered normal pet-related wear and tear.  

In a hot British Columbia market in the Fraser Valley of beautiful BC - what filters/rule of thumb should we consider when consider purchasing four older homes (tear down and build a good size 4-6 story apartment)?

Plus, it'd be much cheaper to tear out in the future if you are forced to since it won't be within your house, and you could put a door on your unit to separate the 2 if you ever wanted to rent it out.

I've built homes to tearing them down I know everything about a home.  

Tampa is that the East side of Dale Mabry Hwy. was the target for tear down and build out from Kennedy Blvd. down to the Base.

You will have tenant issues, late payments, excuses, they will have young children, and probably above average ware and tear on the property.

Gary can be a good rental city, but you better have a very strong property manager or you could have major issues with rents not being paid and people tearing up your properties.  

I think it's a no brainer to put some money here but I wonder if the city is just waiting and trying to buy up everything so they can tear it all down and make a fill-in-the-blank-whatever and then I'm stuck with a rental across the street from this ____?