I use deck and fence wash, then use a pressure washer 10"-12" away to wash the wood off.

It was explained to me that owner pays electricity for section 8 tenant because its connected to the same box as basement electricity; the basement has common washer/dryer that owner pays for.

One other theory that I have is that the more heavy things a tenant brings into the rental like refrigerator, washer, dryer, grand piano, the longer they stay because they know how hard it is to move all that heavy stuff again to another place.

If all of these raw materials have risen in price, their cost is funneled through into real products... steel--> cars, sinks, washer/dryer, refrigeratorscopper --> wiring, plumbingcement --> driveways, brick mortargasoline, electricity --> we all know how this affects usBasically, what we have is inflation, without a rise in income... squeezing people tighter and tighter, thus the current mess we are in.

The owner was located in Boston but the property was here in TX.

I plan to put 2 sets of coin washer/dryers in the basement of this building.

Her company's agreement had terms that the others did not, and she w/could not remove them, and would not negotiate on two others, one of which was her commission.

That price is right at 80%, so if you add in, say $60K, for repairs, you're at 89% of ARV, which is a guaranteed loser.If this was here in Denver, it would be a high end house.

Roaches were EVERYWHERE-- in the dryer, in the washer, cabinets, bathroom,  in the freezer, roach poop in all the new cabinets, in every cubby, it was DISGUSTING!!!!!!!   

Disclosure: I'm off to a super beginner start so I may have screwed up or don't have enough information so I hope I can get some advice.The property is a condo.Purchase/ Asking Price is $100,000 (This is not negotiated yet)1 Unit - 1 Tenant - Currently paying $1000 Per Month2 Bed1 BathBasement with Washer/Dryer.The Owner is Out of State.In addition I am trying to find out the Market Cap Rate in the area.